Scotiabank Chile Company Description

Scotiabank Chile S.A. provides various financial products and services in Chile.

It operates through Retail Banking, Wholesale Banking, CAT, Treasury, and Other segments. The company is involved in the intermediation of money and financial instruments represented by securities, commercial paper, or any other credit instrument.

It also provides current, saving, and digital foreign currency accounts; term deposit, agreement, mutual fund, and investment products; insurance products, such as cars, home and protection, health, trips, and life; credit, debit, and business cards; and wealth and investment management services.

In addition, the company offers commercial, consumer, mortgage, and foreign trade loans; overdraft credit line; and working capital financing, leasing for SMEs, guarantee certificate, and factoring for SMEs and structured financing services.

Further, the company provides factoring, foreign trade, confirming, payment orders, and money desk. Additionally, it offers collection, bill payment, electronic payment of salaries, multipayments, same-day payroll payment, cash concentration, pay taxes online, electronic payment of quotes, supplier portal; and treasury products, foreign currency exchange, derivative products, foreign currency or interest rate risk hedging, and short-term investments, as well as infrastructure finance, commodities, cash management, debt and economic research, and trust services.

The company was incorporated in 1944 and is based in Santiago, Chile. Scotiabank Chile S.A. is a subsidiary of Nova Scotia Inversiones Limitada.