tiprankstipranks
Banco de Chile Retains Pillar II Capital Requirement
Company Announcements

Banco de Chile Retains Pillar II Capital Requirement

Story Highlights
  • Banco de Chile is a key player in Chile’s financial market, offering diverse banking services.
  • The CMF maintained Banco de Chile’s Pillar II capital requirement, supporting its stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

Banco De Chile ( (BCH) ) has provided an announcement.

On January 16, 2025, Banco de Chile announced that the Chilean Financial Market Commission (CMF) has decided to maintain the additional capital requirement under Pillar II at 0.13% of risk-weighted assets, net of required provisions. This decision ensures that Banco de Chile continues to comply with the General Banking Law, potentially impacting its financial stability and regulatory compliance positively, signaling a stable operational outlook to stakeholders.

More about Banco De Chile

Banco de Chile is a prominent financial institution in Chile, engaged primarily in providing a wide range of banking services. The bank focuses on offering services such as loans, credit, and financial solutions to individuals and businesses, positioning itself as a significant player in the Chilean financial market.

YTD Price Performance: 3.29%

Average Trading Volume: 221,025

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $11.74B

Learn more about BCH stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles