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Blue Chip Growth

Stock Report: Banco de Chile Sponsored ADR (BCH) Report Updated: Mar 30, 2015 | Print This Page

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Banco de Chile Sponsored ADR (BCH)

Rating: Sell Volatility: Conservative
Total Grade: D Industry: Banks
Competitors: MFSF, SONA, BCS.PD, BHB
service keys

Banco de Chile Sponsored ADR© quotemedia

Company Profile

Banco de Chile engages in the provision of various banking products and specialized financial services for individuals and corporations in Chile and internationally. The company offers various deposit products, including current accounts, demand deposits, savings accounts, checking accounts, and time deposits; installment, residential mortgage, commercial, non-residential mortgage, short and long term financing, working capital, long term syndicated, foreign trade, and consumer loans; lines of credit; and debit an credit card services, as well as financial leasing services for capital equipment and property. It also provides liquidity management, debt instruments, and derivative contract services; and currency intermediation services, forward contracts, interest rate swaps, and transactions under repurchase agreements, as well as various investment products that are based on bonds, mortgage finance bonds, and deposits. In addition, the company offers securities brokerage, mutual and investment fund management, factoring, financial advisory and other investment banking, insurance brokerage, investment advisory, securitization, credits pre-evaluation, collection, trade, and payment services. As of December 31, 2011, it operated a network of 441 branches and 1,987 ATMs. The company was founded in 1893 and is headquartered in Santiago, Chile.

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