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 …
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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 …
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 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 …