SANTIAGO Nov 30 Chile's banking sector profit
fell 7.52 percent from a year earlier in the January-October
period, due to higher costs linked to provisions, the banking
regulator said on Friday.
But profits jumped 38.24 percent in October compared with
the prior month, chiefly due to increases in interest margins.
The sector posted a 1.35 trillion peso ($2.82 billion)
profit for the first 10 months of the year, the regulator said.
The regulator said total loans in the banking system grew
11.04 percent in the 12-month period to October, and a slim 0.09
percent in October from September.
Santander Chile earned 328.65 billion peso
($684.65 million) in the period, the regulator said.
Banco de Chile posted a 383.54 billion peso
($798.99 million) profit in the period.