Banco CorpBanca

Banco CorpBanca is the fourth largest private bank in Chile. The Bank provides financial advisory services, mutual fund management, insurance brokerage and securities brokerage services through its subsidiaries. CorpBanca also offers Internet banking to its customers 24 hours a day through its password-protected Internet site. Total assets: US$ 28.1 billion (as of December 31, 2012). Net income: US$ 250 illion (2012).

Banco CorpBanca named “Best Corporate/Institutional Internet Bank in Chile 2012” by Global Finance. The Bank has one branch office in New York and representative office in Madrid.

On May 29, 2012, CorpBanca took control of Banco Santander Colombia S.A., today Banco CorpBanca Colombia S.A., acquiring 51% of the financial institution’s share capital. In October 2012, CorpGroup signed an agreement to acquire Helm Bank, a Colombian bank, for US$ 1.3 billion. With this new investment, CorpBanca Colombia will attain approximately 7% market share, making it Colombia’s fifth largest bank.