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 …

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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 Gurría. “Thanks to sound …

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Banco de Chile Announces Stock Dividend

At a special shareholders meeting on March 29th,2009 a stock dividend of 3.2325% was approved. Banco De Chile ADR (BCH) shareholders will receive 3.2325 additional shares for each 100 shares held. Fractional shares will be paid in cash. According to Depositary, JPMorgan Chase Bank, N.A. the effective dates are as follows: ADR record date: May …

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