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Banco Santander Chile to discuss 4Q results in February

EditorAhmed Abdulazez Abdulkadir
Published 01/08/2024, 03:57 PM
Updated 01/08/2024, 03:57 PM
© Reuters.

SANTIAGO - Banco Santander Chile (NYSE:BSAC), the country's largest bank by loans and assets, announced it will hold a conference call and webcast on February 2, 2023, to discuss its fourth-quarter financial results for 2023. The event is scheduled for 8:30 AM (New York Time) and will include a presentation followed by a question-and-answer session.

The bank's officers, including CFO Emiliano Muratore, Chief Strategy Officer & Head of IR Cristian Vicuña, and Chief Economist Claudio Soto, will participate in the conference call. Banco Santander (BME:SAN) Chile will release its Management Commentary report before the market opens on the same day. The bank has declared a quiet period starting January 22.

Interested parties can access the webcast presentation through the provided link or join the conference call by dialing in using the international numbers listed in the press release. A participant passcode has been provided for call-in participants.

As of September 30, 2023, Banco Santander Chile reported total assets of Ch$72,490,744 million (U.S.$81,500 million), gross loans at amortized cost of Ch$40,139,445 million (U.S.$45,128 million), total deposits of Ch$28,555,320 million (U.S.$32,104 million), and shareholders' equity of Ch$4,192,619 million (U.S.$4,714 million). The bank maintained a BIS capital ratio of 17.1%, with a core capital ratio of 10.7%.

Banco Santander Chile is recognized for its strong risk classifications in Latin America, holding ratings of A2 from Moody's (NYSE:MCO), A- from Standard and Poor's (NYSE:SPY), A+ from Japan Credit Rating Agency, AA- from HR Ratings, and A from KBRA, all with a Stable Outlook.

This news is based on a press release statement from Banco Santander Chile.

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