Bahamas I Bardados I Bermuda I Dominician Republic I Jamaica I Trinidad & Tobago I Costa Rica I El Salvador I Guatemala I Honduras I Nicaragua I Panama I Argentina I Bolivia I Brazil I Chile I Colombia I Ecuador I Mexico I Paraguay I Peru I Uruguay I Venezuela
Challenging the dominant position of Spain’s Santander in Chile, the second-largest bank, Banco de Chile, reported record profits of $332 million last year, 14% up on its performance in 2004, by targeting the lower income retail market and aggressively expanding its loan business. The bank aims to spend up to $40 million this year to open 40 new branches and aims to beat the 10% projected loan growth for the Chilean market as a whole in 2006. Banco de Chile, which...
