| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
341 |
| Employees |
8,500 |
| Revenues (TTM) (Millions $) |
0 |
| Net Income (TTM) (Millions $) |
644 |
| Cash Flow (TTM) (Millions $) |
7,804 |
| Capital Exp. (TTM) (Millions $) |
0 |
Business Description
Corpbanca is a commercial banking institution in Chile that was founded in 1871. It is one of the largest banks in Chile and has a strong presence in other Latin American countries such as Colombia and Peru. Corpbanca's headquarters are located in Santiago, Chile.
The bank offers a wide range of financial products and services to its customers, including personal, business, and corporate banking services. It provides traditional banking services such as deposits, loans, credit cards, and insurance, as well as investment products such as securities, mutual funds, and pension plans.
Corpbanca is known for its innovative banking solutions that focus on customer convenience and digital banking. This has helped the bank to expand its customer base and increase its market share in the highly competitive Latin American banking industry.
The bank places a strong emphasis on corporate social responsibility and is actively involved in supporting various community and environmental initiatives. It is committed to creating a sustainable future for the communities it serves and is recognized as a leader in promoting sustainable development.
Corpbanca has a strong financial position and is rated among the top banks in Chile in terms of asset size, profitability, and capitalization ratios. The bank has a diversified funding base and a well-managed loan portfolio, which helps to mitigate credit risks.
In terms of ownership, Corpbanca was acquired by Itau Unibanco, the largest bank in Latin America, in 2016. However, the bank continues to operate under the Corpbanca brand and maintains its own corporate identity and management team. The acquisition has helped the bank to strengthen its position in the Latin American banking market and expand its product and service offerings.
Company Address: Av. Presidente Riesco 5537 Santiago 0
Company Phone Number: 2660-1701 Stock Exchange / Ticker: NYSE ITCB
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