The Top 10 Banks of Chile in 2012 Based on Tier 1 Capital Ratio

The Tier 1 Capital ratio is a measure of a bank’s financial strength. The Top 10 Banks of Chile based on this measure as of December , 2011 are listed below:

RankBank
1Banco Santander Chile
2Banc o de Chile
3Banco de Credito e Iversiones (BCI)
4Banco Estado
5CorpBanca
6Scotibank Chile
7BBVA Chile
8Banco Security
9Banco BICE
10JP Morgan Chase Bank Chile

 

Source: Top Latin American Banks by Country, The Banker

Scotiabank Chile is a subsidiary of Bank of Novo Scotia (BNS) of Canada. BBVA Chile is the subsidiary of the Spanish banking group Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) and JP Morgan Chase Bank Chile is part of the U.S. super-bank JP Morgan Chase Bank (JPM).

Disclosure: Long BNS, BBVA

 

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