Banco de Chile Proposes Dividend for the Year Ended December 31, 2017
February 28, 2018 at 04:55 pm EST
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Banco de Chile announced that the Ordinary Shareholders Meeting and Extraordinary Shareholders Meeting to be held on March 22, 2018. At the meeting the shareholders will discuss the approval of the dividend number 206 of CLP 3.14655951692 per share for the year ended December 31, 2017, corresponding to 60% of such distributable net income. The dividend, if approved, will be payable 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 
