Banco de Crédito e Inversiones

Detailed Description

Banco de Crédito e Inversiones provides various banking products and services to individuals, micro-enterprises, businesses, and institutions in Chile and internationally. The company operates through Retail Banking; Wholesale Banking; Corporate & Investment Banking Finance Division; BCI Financial Group, INC, and Subsidiaries; Financial Services; and Others segments. It offers checking and other accounts; credit and debit cards; mortgage and consumer credit, short term and long term commercial credit, overdraft line of credit, corporate financing, working capital line, commercial credit, real estate leasing, and margin lending; guarantees; and life, health, home, comprehensive protection, and automotive insurance products. The company also provides factoring, leasing, foreign trade, cash management, wealth portfolio management, and markets analysis services; sales and trading solutions, such as investments, FX hedging strategies, rate hedging strategies, arbitration opportunities, derivatives, distribution of corporate bonds, and fixed income intermediation; and corporate finance services, including structuring of bank financing, structuring of public and private financing, mergers and acquisitions operations advisory, public and private capital raises, financial advisory, and private capital increases. In addition, it engages in the portfolio management business, and distribution of mutual funds and investment funds; intermediation, administration, and custody of securities; and investment advisory business. Further, the company offers personal, small business, real state banking services; residential mortgages; treasury management; and online services, as well as banking services for professionals. It operates through a network of 180 branches. The company was founded in 1937 and is based in Santiago, Chile. Banco de Crédito e Inversiones is a subsidiary of Empresas Juan Yarur S.P.A.