Corpbanca

Type: Public
On the web: http://www.corpbanca.cl
Employees: 1,952
Employee growth: (35.6%)

As Chile's oldest operating bank, CORPBANCA has been processing, procuring, and protecting pesos since 1871. Through its network of more than 70 branches (which operate under the CORPBANCA and Banco Condell brand names) and more than 100 ATMs across Chile, the bank offers the conventional range of commercial and retail banking services. It additionally offers mutual fund management, financial advisory, and insurance brokerage services. Key subsidiaries include Corredores de Seguros, an insurance provider, and Corredores de Bolsa, a securities brokerage. First vice chairman Álvara Saieh Bendeck and his family control about 60% of CORPBANCA's stock.

Key numbers for fiscal year ending December, 2008:
Sales: $412.9M
One year growth: (32.1%)
Net income: $86.9M
Income growth: (15.3%)

Officers:
CEO: Mario Chamorro Carrizo
Division Manager Operations: Guido Silva Escobar
Division Manager Risk and Interim CFO: Julio Henríquez Banto

Competitors:
BBVA Chile
Banco de Chile
Banco Santander Chile