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Banco de Chile Extends Key Agreements with Citigroup

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Banco de Chile Extends Key Agreements with Citigroup

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Banco De Chile ( (BCH) ) has issued an update.

On August 29, 2025, Banco de Chile announced the extension of its Cooperation Agreement, Global Connectivity Agreement, and Amended and Restated Trademark License Agreement with Citigroup Inc. These agreements, originally established in 2015 and 2019, have been extended to January 1, 2028, with potential for further extensions. Additionally, both companies have entered into an Amended and Restated Master Services Agreement with the same duration. This strategic move, approved by Banco de Chile’s board, aims to strengthen their collaborative efforts and enhance operational synergies, potentially impacting stakeholders positively by ensuring continued cooperation and connectivity between the two financial entities.

The most recent analyst rating on (BCH) stock is a Buy with a $32.00 price target. To see the full list of analyst forecasts on Banco De Chile stock, see the BCH Stock Forecast page.

Spark’s Take on BCH Stock

According to Spark, TipRanks’ AI Analyst, BCH is a Outperform.

Banco De Chile’s strong financial performance and attractive valuation are the primary drivers of its overall score. While technical indicators are neutral, the earnings call provided positive insights into operational efficiency and capital strength, despite some macroeconomic challenges.

To see Spark’s full report on BCH stock, click here.

More about Banco De Chile

Banco de Chile is a prominent financial institution in Chile, offering a wide range of banking services. It operates in the financial industry, focusing on providing comprehensive banking solutions to individuals and businesses within the Chilean market.

Average Trading Volume: 304,667

Technical Sentiment Signal: Buy

Current Market Cap: $14.41B

See more insights into BCH stock on TipRanks’ Stock Analysis page.

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