|
CIBP Member Organization |
Banco de Crédito e Inversiones SA (Bci)
Banco de Crédito e Inversiones SA (Bci) is a Chile-based bank that offers financial services in the form of personal, commercial and corporate banking. Bci finances foreign trade and offers financial support for Latin American banks under suitable risk limits. It has 243 offices in Chile, and it also has presence in Lima, Sao Paulo, Mexico City, Miami and Hong Kong.
Bci includes a number of subsidiaries, such as Bci Corredor de Bolsa, a fixed income and financial trader; Bci Administradora de Fondos Mutuos, a fund manager; Bci Corredores de Seguros, a provider of integral advisory services in risk protection; Bci Factoring, active in international factoring; Bci Asesoría Financiera, a financial consultancy; Bci Securitizadora, a securities business; Compañía de Normalización de Créditos, active in the collection and recovery of bad debt; Análisis y Servicios, an information provider, and Bci Servicios de Personal, a provider of personnel services to Bci.
Luis Enrique Yarur Rey is the current president of BCI and the BCI Corporation, which covers the following business areas: BCI Mutual Funds, BCI BrokerageHouse, BCI Insurance Brokers, BCI Factoring, BCI Leasing Services, BCI Financial Consulting.
BCI has branches all along Chilean territory. In the United States of America, BCI obtained its branch license in the State of Florida (April 1999) with previous approval of the Federal Reserve Bank. In May of the same year, Bci began its operations. Two years later, Bci became the first foreign bank in the State of Florida to receive approval to upgrade from branch to full branch. |
