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CorpBanca Office in Santiago |
Itaú Corpbanca (SSE: ITAUCORP, NYSE: ITCB) provides a wide array of financial services to retail and corporate customers. It offers various deposit and lending products, credit cards, online banking, investments, mortgages, insurance, factoring, leasing and much more. With over 9,600 employees, it is the fourth largest bank in Chile by assets and the sixth largest bank in Colombia by assets, loans and deposits. The company has an extensive network consisting of 224 branches and 500 ATMs in Chile and 174 branches and 180 ATMs in Colombia. It also has operations in Peru and Panama as well as branch in New York and representative office in Madrid. CorpBanca is the oldest bank in Chile established in 1871. One of the important milestones was acquisition of Banco Santander Colombia SA (today Itaú CorpBanca Colombia S.A.) and Helm bank in 2012-2013. In 2014, Itau Unibanco Holding (the largest private bank in Brazil) agreed to buy CorpBanca for at least US$2.3 billion. In April 2016, Itau Unibanco completed the merger of its Chilean unit Banco Itau Chile with CorpBanca S.A. The new entity was named Itaú Corpbanca. As of May 31, 2017, the company had Ch$ 29.575 trillion (US$44 billion) in total assets.
Key Statistics:
Total assets | US$ 44.3 billion (May 2017) |
Total Loans | US$ 31.8 billion (May 2017) |
Total Equity | US$ 5.2 billion (May 2017) |
Market capitalization | US$ 4.7 billion (June 16, 2017) |
Company Size | 9,600 employees |
Itau CorpBanca subsidiaries:
Itaú Corpbanca Corredores de Bolsa S.A.
Corpbanca Administradora General de Fondos
Itaú Chile Admin. General de Fondos S.A.
Itaú Asesorías Financieras S.A.
CorpLegal S.A.
Corpbanca Corredores de Seguros S.A.
Itaú Chile Corredora de Seguros LTDA
Recaudaciones y Cobranzas S.A.
Corpbanca Securities Inc.
Itaú Corpbanca New York Branch
Itaú CorpBanca Colombia S.A.
Corpbanca Investment Trust Colombia S.A.
Helm Comisionista de Bolsa S.A.
Helm Corredor de Seguros S.A.
Helm Fiduciaria S.A.
Helm Bank Panama S.A.
Helm Casa de Valores (Panama) S.A.
Head office address:
Rosario Norte 660, 7th Floor
Las Condes, Santiago, Chile
Phone: + 56 2 2660 2240
Website: www.corpbanca.cl
Representative Office:
Calle Velázquez, 94, 1 planta
Código Postal: 28006
Madrid, Spain
CorpBanca New York branch:
885 Third Avenue, 33rd floor
New York, NY 10022
United States
Phone: 1-212-826-5100
Website: www.corpbancany.com
Itau Banco CorpBanca Colombia
Carrera 7, N°99–53
Bogotá, Colombia
Phone: 57 1 644 8000
Website: www.bancocorpbanca.com.co