Banco De Chile (BCH) has released an update.
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Banco de Chile has announced the establishment of a new subsidiary, Operadora de Tarjetas B-Pago S.A., with the public deed of incorporation being executed on July 29, 2024. The subsidiary, predominantly owned by Banco de Chile, was authorized by the Financial Market Commission and aligns with the General Banking Act. This strategic move represents a significant expansion in the bank’s services and reflects its commitment to growth and innovation in the financial sector.
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