Banco Santander Chile : JP Morgan Fixed Income Virtual Visit- October 2020
October 05, 2020 at 10:10 am EDT
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Banco Santander
Chile
Update
October 2020
Important information
Banco Santander Chile caution that this presentation contains forward looking statementswithin the meaning of the US Private Securities Litigation Reform Act of 1995. These forward looking statements are found in various places throughout this presentation and include, without limitation, statements concerning our future business development and economic performance. While these forward looking statements represent our judgment and future expectations concerning the development of our business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. These factors include, but are not limited to: (1) general market, macro-economic, governmental and regulatory trends; (2) movements in local and international securities markets, currency exchange rates, and interest rates; (3) competitive pressures; (4) technological developments; and (5) changes in the financial position or credit worthiness of our customers, obligors and counterparties. The risk factors and other key factors that we have indicated in our past and future filings and reports, including those with the Securities and Exchange Commission of the United States of America, could adversely affect our business and financial performance.
Note: the information contained in this presentation is not audited and is presented in Chilean Bank GAAP which is similar to IFRS, but there are some differences. Please refer to our 2019 20-F filed with the SEC for an explanation of the differences between Chilean Bank GAAP and IFRS. Nevertheless, the consolidated accounts are prepared on the basis of generally accepted accounting principles. All figures presented are in nominal terms. Historical figures are not adjusted by inflation. Please note that this information is provided for comparative purposes only and that this restatement may undergo further changes during the year and, therefore, historical figures, including financial ratios, presented in this report may not be entirely comparable to future figures presented by the Bank.
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AGENDA
COVID19: REGULATORY UPDATE
STRATEGY AND BALANCE SHEET
SAN CHILE: BUSINESS GROWTH AND RESULTS
3 3
Macroeconomic environment
A gradual re-opening of the economy has commenced
New cases and ICU patients
Lethality rate
(7-day rolling average)
(% Total deaths/ Total cases, as of September 30)
350
New cases (per
2500
Italy
11.4
300
mill.)
Mexico
10.4
United Kingdom
9.3
ICU patients (rhs)
2000
Belgium
8.5
Sweden
6.3
250
Canada
5.8
France
5.3
1500
Spain
4.1
200
Peru
4.0
Switzerland
3.9
Australia
3.3
150
Germany
3.2
1000
Colombia
3.1
Brazil
3.0
100
US
2.9
Chile
2.8
500
Poland
2.7
50
Denmark
2.3
Japan
1.9
South Korea
1.7
New Zealand
1.4
0
0
Czechia
0.0
1.0
Apr-20
May-20
Jun-20
Jun-20
Jul-20
Aug-20
Singapore
Mar-20
Sep-20
Positivity rates
People under quarantine
(7-day rolling average)
(Thousands)
50
12000
Met. Region
10827
Metropolitan Region
Other regions
10000
40
National
Total
30
8000
6000
20
4000
4144
10
5.4
2000
0
3.7
0
15-abr.
15-may.
14-jun.
14-jul.
13-ago.
12-sept.
25-mar.
29-abr.
03-jun.
08-jul.
12-ago.
16-sept.
4
4
Source: John Hopkins University, Ministry of Health (Chile) and Santander
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Banco Santander-Chile published this content on 05 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 October 2020 14:09:08 UTC
Banco Santander-Chile (the Bank), formerly Banco Santander Chile, is a Chilean bank. The Bank's segments include Retail banking, Middle-market, Global Corporate Banking and Corporate Activities (Other). The Retail Banking segment consists of individuals and small to middle-sized entities (SMEs). The Middle-market segment serves companies and large corporations. The Global Corporate Banking segment consists of foreign and domestic multinational companies. The Corporate Activities segment includes its Financial Management Division, which develops global management functions. It provides a range of commercial and retail banking services to its customers, including Chilean peso and foreign currency denominated loans to finance a range of commercial transactions, trade, foreign currency forward contracts and credit lines and a range of retail banking services, including mortgage financing. In addition to its traditional banking operations, the Bank offers a range of financial services.