Banco Santander Chile

Banco Santander-Chile (NYSE: BSAC) is one of the largest banks in Chile. Its annual report on Form 20-F for the year ended December 31, 2025 describes it as the largest bank in the Chilean market in terms of loans and the second largest in terms of total deposits; Financial Market Commission data in the same filing rank it third by total equity, behind Bci and Banco de Chile, and second by net income. It operates as a subsidiary of Spanish financial services giant Santander Group. With 8,526 employees as of December 31, 2025, Santander Chile provides a wide range of financial products and services to more than 2.4 million retail and corporate customers. It offers current and savings accounts, personal and auto loans, mortgage loans, commercial loans, debit and credit cards, life and general insurance as well as mutual funds, cash management, investment management, treasury services, leasing, factoring, securitization services, financial advisory services, online banking and more. As of December 31, 2025, Banco Santander Chile operated 229 branches, of which 126 were traditional full product and transactional branches under the Santander brand name, 94 were WorkCafé or WorkCafé Espresso branches and 9 were Select branches. It also operated 2,055 ATMs across the country. The Banefe network, formerly run as a separate brand, no longer forms part of its distribution model. The legal predecessor of Santander Chile is Banco Santiago which was incorporated on September 7, 1977. In 1997, Banco Santiago merged with Banco O’Higgins and became a controlled subsidiary of Santander Group. As of December 31, 2025, Banco Santander Chile had total assets of CLP 68.147 trillion (US$68.7 billion), customer deposits of CLP 30.569 trillion and shareholders’ equity of CLP 5.616 trillion.

Credit Ratings
Moody’s: Aa3/P1, Standard & Poor’s: A/A1, Fitch: A+/F1

 Key Statistics:

Head office address:
Bandera 140, 19th Floor
Santiago, Chile
Phone: + 56 22 320 2000
SWIFT Code: BSCHCLRM
Website: www.santander.cl