Banco De Crédito E Inversiones Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 14, 2021
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Banco de Crédito e Inversiones announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net income was CLP 122,804 million compared to CLP 64,280 million a year ago. For the half year, net interest income was CLP 814,518 million. Net income was CLP 271,754 million.
Banco de Credito e Inversiones is a Chile-based financial institution (the Bank) engaged in the banking sector. The Bank's activities are divided into six segments: Retail banking, which offers current accounts, credit cards, personal loans and insurance products, among others, to individuals; Small and medium-sized enterprises, which provides financing, cash management, factoring and leasing, among others, to microenterprises and companies; Commercial banking, which includes services rendered to corporations, such as real estate and leasing companies; Corporate & Investment Banking Commercial Division, which provides investment solutions to large corporations, financial institutions and high net worth investors; Corporate & Investment Banking Finance Division, which offers sales and trading solutions to institutional investors, and BCI Financial Group, which includes operations of City National Bank of Florida in Chile. The Bank is controlled by Empresas Juan Yarur SAC.