Banco de Credito e Inversiones : Accumulated and Consolidated Results as of 30, June
July 23, 2014 at 11:46 am
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BANCO DE CREDITO E INVERSIONES, MIAMI BRANCH AND SUBSIDIARIES FINANCIAL INFORMATION
As of June 30, 2014
Shown below, are the cummulative and consolidated results of the Bank, Miami Branch and subsidiaries as of June 30, 2014. These results have been already delivered to the Superintendency of Banks and Financial Institutions.
This data is provisional until it is officially published by the referred organism.
Main consolidated assets and liabilities of Banco de Credito e Inversiones, Miami Branch and subsidiaries as of June 30, 2014.
Balance sheet`s main items
(Chilean pesos, millions)
Total loans
14,661,920
Total assets
21,695,923
Non bearing interest deposits
3,995,829
Time Deposits
7,810,538
Debt Instruments
3,265,846
Capital and reserves
1,489,363
Consolidated Income statement structure of Banco de Credito e Inversiones, Miami Branch and subsidiaries as of June 30, 2014.
Income Statement
(Chilean pesos, millions)
Operating Revenues
552,824
(-) Provisions for loan losses
(125,977)
(-) Operating expenses
(231,708)
Net operating income
195,139
(+) Result of investment in companies
4,800
(-) Income tax
(32,641)
Consolidated net income
167,298
Fernando Vallejos Vásquez Lionel Olavarría Leyton
Accounting Officer CEO
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.