Banco Itaú Chile S.A. | |
Type: | Subsidiary |
Foundation: | 2006 |
Defunct: | 2014 |
Location City: | Santiago |
Location Country: | Chile |
Industry: | Finance and Insurance |
Key People: | Boris Buvinic, (CEO) |
Products: | Banking Insurance Private Banking |
Revenue: | US$ 436.6 million (2012) |
Net Income: | US$ 81.9 million (2012) |
Assets: | US$ 11.3 billion (2012) |
Num Employees: | 2,451 |
Successor: | Itaú Corpbanca |
Parent: | Itaú Unibanco |
Homepage: | www.itau.cl |
Banco Itaú Chile was one of the largest Chilean banks and a subsidiary of Brazilian bank Itaú Unibanco, was founded in 2006, as Bank Boston in Chile. Itaú Unibanco boughtin 2006 the Bank Boston's operation and changed its brand to Itaú. In September 2011 Banco Itaú Chile announced the purchase of operations of British bank HSBC in Chile.[1] It has 92 bank branches, 70 ATM's and more than 2.400 employees and about 150.000 customers. In 2014 the bank merged with Corpbanca, forming Itaú Corpbanca.