Chile
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: Source: Top Latin American Banks by Country, The Banker Scotiabank Chile is a subsidiary of Bank of Novo Scotia (BNS) of Canada. BBVA Chile [...]
The Top Ten Banks in Chile
Chile has one of the most vibrant and growing economies in Latin America with a GDP of about $203.0 billion in 2010. Though some investors consider the Chilean economy as a commodity-based economy other industries contribute a significant part to the economy. For example, the financial services industry accounted for 16% of the GDP in [...]
Why Invest in Chile’s Financial Sector
Chile has one of the top growing economies in Latin America. Though the country’s economy is primarily dependent on exports of commodities such as copper the composition of the GDP is slowly changing. Today though mining is the major industry in Chile, financial services account for about 16% of the GDP according to a Doing [...]
The Top 5 Banks of Chile
The top five banks of Chile based on assets held at the end of 2009 are noted below in descending order: 1. Banco Santander Chile (SAN) Current Dividend Yield: 2.91% 2. Banco de Chile (BCH) Current Dividend Yield: 4.53% 3. BCI BCI does not trade on the U.S. markets. 4. BBVA – Chile BBVA-Chile does [...]
Ten Reasons to Invest in Chile
After Brazil, Chile is the one of the attractive destination for overseas investors. While Chile’s economy is primarily a commodity-based economy, there are many other factors that favor Chile. From a recent report by OECD: “Chile has managed the crisis better than other small open economies ,†said OECD Secretary-General Angel GurrÃa. “Thanks to sound [...]
Two Electric Utility ADRs of Chile
The country of Chile is a top copper producer in the world. While many banks have failed in the developed countries Chilean banks have remained stable. The economy has held up well. Recently an article in Business Week discussed about the growth of the IT industry in Chile. US companies are outsourcing their IT work [...]
