Key Developments: Banco Santander-Chile (BSAC.N)
26.46USD
20 May 2013
$0.21 (+0.80%)
$26.25
$26.24
$26.57
$26.22
65,513
112,915
$31.01
$26.01
Latest Key Developments (Source: Significant Developments)
Banco Santander-Chile To Propose FY 2012 Payment
Banco Santander-Chile announced that its Board of Directors agreed to submit to the shareholders for approval a dividend payment for fiscal year 2012 at a value of CLP 1.23526251 per share, which corresponds to 60% of the Company’s profit in fiscal year 2012. The Ordinary Shareholders’ Meeting will be held on April 29, 2013. Full Article
Fitch Ratings Affirms Banco Santander-Chile's IDR And VR-Reuters
Reuters reported that Fitch Ratings has affirmed Banco Santander-Chile's Viability Ratings (VRs) and long-term Issuer Default Ratings (IDRs) at a+ and A+, respectively. The rating outlook on the long-term IDRs is negative. Full Article
Banco Santander-Chile Announces Sale Of Tow Year Dim Sum Bond On November 26, 2012-DJ
Dow Jones reported that Banco Santander-Chile is selling a benchmark-sized two-year offshore yuan-denominated bond, or dim sum bond on November 16,2012. Benchmark-sized dim sum issues tend to be at least 500 million yuan ($80.2 million). Deutsche Bank and Standard Chartered Bank are joint bookrunners of the deal. Full Article
Moody’s Confirms Its Long-Term Corporate Credit Ratings on Banco Santander Chile- DJ
Dow Jones reported that Moody’s has confirmed Banco Santander Chile’s long-term global local and foreign currency deposit ratings at Aa3. The outlook is negative. Full Article
Standard & Poor's Affirms Ratings On Banco Santander-Chile After Downgrade Ratings On Its Parent-DJ
Dow Jones reported that Standard & Poor's Ratings Services announced that the issuer credit ratings on Banco Santander-Chile (BSCh; A/Negative/A-1) are not immediately affected by the recent downgrade of their parent, Spain-based Banco Santander SA. Full Article
Santander Chile sees soft inflation hurting banking results
SANTIAGO - Soft inflation in Chile will hurt bank earnings but a mild economic slowdown hasn't harmed demand for loans, said the chief executive of Santander Chile, the nation's largest bank in terms of total assets.
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