Banco de Chile Reports Earnings Results for the Full Year Ended December 31, 2020
February 03, 2021 at 06:46 am EST
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Banco de Chile announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net interest income was CLP 1,313,012 million compared to CLP 1,369,375 million a year ago. Net income was CLP 463,108 million compared to CLP 593,008 million a year ago. Basic earnings per share from continuing operations was CLP 4.58 compared to CLP 5.87 a year ago.
Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank's segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.
BANCO DE CHILE 
