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Banking

Latin America best managed banks 2018: Chile

Banco Santander-Chile

Emiliano-Muratore-160x186

Emiliano Muratore
© 2018 Euromoney
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In Latin America, Chile is renowned for its mature financial system and yet, while the system is fully fledged in terms of size and credit penetration, the products and the regulation are not particularly sophisticated. 

However, this landscape is changing and the adoption of Basel III requirements, as proposed by the country’s new banking law (already approved by congress), has led to an increase in regulatory-driven queries from analysts. 

For example, the ministry of finance has estimated that the system will require an additional $2.7 billion of capital (phased in until 2024); market participants are trying to work out which banks the additional capital requirement will fall on. 

Key facts

  • Chief executive 
    Claudio Melandri


  • Chief financial officer 
    Emiliano Muratore


  • Head of investor relations
    Robert Moreno


  • Size of IR department 
    (number of full time professionals)
    6


  • Revenues 
    (running 12-month at last quarter) 
    $2.5

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