Banco De Chile Proposes Distribution for the Year Ended December 31, 2018
March 04, 2019 at 03:51 pm EST
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Banco de Chile at Ordinary Shareholders Meeting to be held on March 28, 2019 proposed distribution of the net distributable income for the year ended December 31, 2018 and approval of the dividend number 207 of CLP 3.52723589646 per share corresponding to 70% of such net distributable income, retaining 30% remaining thereof. Said dividend, if approved, will be paid after such meeting, at the Bank's Offices.
Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank's segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.
BANCO DE CHILE 
