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Banco Santander-Chile (BSAC) Q4 2020 Earnings Call Transcript

Operator Ladies and gentlemen, thank you for standing by and welcome to the fourth Quarter 2020 Banco Santander Chile Earnings Conference Call. [Operator Instructions] I will now hand the conference over to the Chief Financial Officer, Mr Emiliano Muratore. You may begin sir. Emiliano Muratore Chief Financial Officer Good morning, everyone. Welcome to Banco Santander-Chile s fourth quarter 2020 Results Webcast and Conference Call. This is Emiliano Muratore, CFO and I m joined today by Robert Moreno, Managing Director of Investor Relations and Sindy Olea our economic research team. Thank you for attending today s conference call. We hope you all continue to stay safe on healthy during the Chile has began a grand reopening which so far has been working well to control the health situation. We have a lot to discuss today with various important messages. Sindy will start with an update on the economy and the macro scenario, then we will go into the results of the bank during the

Novo Comitê de Enfrentamento à Covid-19 de Araxá é definido

Novo Comitê de Enfrentamento à Covid-19 de Araxá é definido
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Euromoney Locals dismiss positive thoughts on Argentina s banks

Adopting orthodox policies in a bid to secure IMF agreement is a positive for Argentina, but regulations still restrict the banks compounding big FX exposures. The partial normalization of economic policy in Argentina – as the government chases a deal with the IMF – has led some international analysts to see a floor in the country’s recent financial crisis. Bank of America’s Sebastian Rondeau says that the macro outlook “has improved significantly amid declining Covid, policy improvement and IMF talks” and he asks if the country has “rounded the corner”. It is an open question. GDP continues to recover – the official monthly economic output index jumped 1.9% in September, with August revised up to 1.6% – and the decline in the country’s international reserves has slowed.

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