CHILE INVESTOR RELATIONS

Banco Santander-Chile awarded Best Company for Employee Financial Future and the Carlos Vial Espantoso Prize

October 4, 2018 at 5:41 PM EDT

(GLOBE NEWSWIRE via COMTEX) --Thursday, October 4, 2018. Santander has been recognized as the Best Company for Employee Financial Future that highlights the company's commitment to the welfare and financial future of its employees. The Bank has also been awarded the Carlos Vial Espantoso Prize, which recognizes the construction of labor relations based on collaboration and trust. The deciding jury highlighted the excellent labor practices that encourage the mutual collaboration with unions and the importance of human resource management to the strategy and the quality of career development.

These significant recognitions are a result of a sustained effort, along with our unions, to provide our collaborators with a value added offer that allows them to have a better quality of life and are a reflection of the advances of our cultural change that has been carried out through consistent and committed work, on the solid foundation of our cultural pillars Simple, Personal and Fair.

About Banco Santander

 

 Banco Santander Chile is the largest Bank in the Chilean market in terms of assets, loans and equity. As of June 30, 2018, we had total assets of Ch$37,589 billion (U.S.$57.5 billion), outstanding loans net of allowances for loan losses of Ch$28,429 billion (U.S.$43.5 billion), total deposits of Ch$20,809 billion (U.S.$ XX9 billion) and equity of Ch$3,043 billion (U.S.$4.7 billion). We have 376 branches, 1,001 ATMs, and 11,453 employees. Our BIS ratio up to June 2018 was 12.8%, with a core capital ratio of 10.0%. Our long-term credit risk rating are A1 by Moody's, A Fitch and A Standard & Poor's.

This announcement is distributed by West Corporation on behalf of West Corporation clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Banco Santander-Chile via Globenewswire

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