Brandon Evans October 7, 2020
Banco Santander-Chile [NYSE: BSAC] traded at a low on 05/17/21, posting a -14.02 loss after which it closed the day’ session at $19.99. The company report on April 30, 2021 that Banco Santander-Chile Announces First Quarter 2021 Earnings.
Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced its unaudited results1 for the three month period ended March 31, 2021 and first quarter 2021 (1Q21).
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Banco Santander-Chile Announces First Quarter 2021 Earnings
April 30, 2021 08:40 ET | Source: Banco Santander Chile Banco Santander Chile Santiago, CHILE
SANTIAGO, Chile, April 30, 2021 (GLOBE NEWSWIRE) Banco Santander Chile (NYSE: BSAC; SSE: Bsantander) announced today its unaudited results
1 for the three month period ended March 31, 2021 and first quarter 2021 (1Q21).
1
The information contained in this report is unaudited and is presented in accordance with Chilean Bank GAAP as defined by the Financial Markets Commission (CMF).
Net income attributable to shareholder up 26.2% YoY in 1Q21, with ROAE of 20.4%
Net income attributable to shareholders in 1Q21 totaled Ch$183,970 million (Ch$0.96 per share and US$0.54 per ADR), decreasing 1.0% compared to 4Q20 (from now on QoQ) and increasing 26.9% compared to 1Q20. It is important to point out that 1Q21 results include an additional provision of
Dev’t of Capital Markets: Cameroon, CEMAC Entity Sign Cooperation Pact
The regional capital market authority – COSUMAF and the Financial Markets Commission of Cameroon have reached an agreement for information exchange and collaboration.Lire aussi : Cameroun-Algérie: un nouveau souffle
The Commission for the Supervision of the Financial Market of Central Africa (COSUMAF) and the Financial Markets Commission of Cameroon (CMF) will henceforth collaborate in their functioning.Lire aussi : Coopération: Paul Biya invité en Algérie
A convention to promote cooperation and information exchange between both capital market authories was reached last Wednesday April 11, 2018, in Congo. While Nagoum Yamassoum, President of COSUMAF signed for the regional capital market authority, Jean Claude Ngbwa, President of Cameroon’s CMF penned on behalf of his country’s financial market institution.Lire aussi : Cameroun-Algérie: Un nouveau souffle
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Getnet, the new acquiring network for Banco Santander Chile, has begun to operate
Banco Santander ChileMarch 2, 2021 GMT
SANTIAGO, Chile, March 02, 2021 (GLOBE NEWSWIRE) After various months of testing with over 250 businesses, and after receiving the authorization from the local regulator, the Financial Markets Commission (CMF), Getnet, the new acquiring network, has begun to officially operate. With this, Getnet will expand throughout the country, expected to benefit thousands of businesses, with the objective of reaching a market share of 15% in the next three years.
Miguel Mata, CEO of Santander Chile, affirmed that “we are taking an important step to increase competition in the payments market in Chile, following the trends in developed countries where this industry is open to diverse operators. With this, businesses will be the major benefactors as they will have a new and ro