Banco de Crédito e Inversiones

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Banco de Crédito e Inversiones

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Banco de Crédito Inversiones S.A
Type Sociedad Anónima
Traded as BCS: BCI
Industry Finance and Insurance
Founded 1937
Headquarters Santiago, Chile
Key people Luis Enrique Yarur Rey, (Chairman)
Lionel Olavarría Leyton, (CEO)
Products Banking
Revenue increase US$ 1.3 billion (2011)
Net income increase US$ 501.3 million (2011)
Total assets increase US$ 32.9 billion (2011)
Employees 9.299
Website www.bci.cl

Banco de Crédito e Inversiones (BCI) (Spanish: Credit and Investment Bank) (BCS: BCI) is a Chilean bank specializing in savings & deposits, securities brokerage, asset management and insurance. BCI was the Latin American partner for Bear Stearns. BCI was formed by the Yarur family.

The Bank was founded in 1937 by John Yarur Lolas and a group of entrepreneurs, in order to support small and medium enterprises in Chile. In 1991, the same day of payment, then President George Yarur Banna died, just as he announced the news to employees of the company. BCI is a member of the International Confederation of Popular Banks (CIBP), international organization based in Brussels that brings together cooperative banks worldwide.



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