Banco Internacional Stock

Banco Internacional S.A. offers a range of financial products and services to several types of corporate and personal customers. The company operates as a subsidiary of ILC Holdco Spa.

The company's products and services are offered and provided through a network of branches covering in the main cities in Chile, through remote and digital channels. The company also offers term savings accounts and commercial loans.

Segments

The company operates through Commercial Banking, Personal Banking, and Treasury and Investments segments.

Commercial Banking

This segment includes all business customers with annual sales of more than Mch$300. The company offers these customers additive working capital products, foreign trade, leasing, factoring, revolving credit facilities, credit cards, structured financing, among other products which enhance assets. The products, which generate liabilities offered include current accounts in domestic and foreign currency, term deposits and mutual funds. Additionally, the company offers a wide range of services, such as collection, cash management and a wide range of Treasury products, from hedging derivatives to spot transactions, such as the purchase/sale of foreign currency.

Personal Banking

This segment includes the segments of natural persons, without business activities. The company offers these customers current account products, consumer loans, credit cards, term deposits, mutual funds, mortgage loans and other products designed for this segment. Additionally, it groups together all those corporate customers with annual sales of less than MCh$300.

Treasury and Investments

This segment considers the assets and liabilities associated with treasury businesses, including transactions performed by the Finance Management in its Trading, Financial Management and Internal Treasury Management areas.

History

Banco Internacional S.A. was founded in 1943.