Awards for excellence – Chile

Best bank:

Banco Santander-Chile

Best debt house:

Citigroup/Salomon Smith Barney

Best equity house:

Deutsche Bank

Best M&A house:

JPMorgan

Banco Santander-Chile is not Chile’s largest bank in terms of assets, loans or equity (although it is the largest in terms of deposits). But when it comes to efficiency, it is unrivalled. Its pre-tax net income of $163 million in 2000 was higher than any other bank’s, and in fact accounts for 21% of all operating profits in the Chilean banking system.

Santander-Chile comes out number one in terms of the other standard ratios, posting a very impressive 28.7%