Banco Santander Chile

Banco Santander Chile is part of the Santander Group, its main shareholder with 67.18% of the property. It is the second most traded share in the country, representing 3.8% of the Group&s;s assets and 6.0% of consolidated profit. It is an autonomous subsidiary in financing, capital and liquidity, and responds to local management, which protects it from the problems generated by external crises. It is governed by a robust regulatory framework that sets strict limits on operations with related entities, and a solid corporate governance, with a mostly external board of directors and an active participation in the business.