Itaú Corpbanca files 2018 Annual Report on Form 20-F
April 29 2019 - 4:50PM
ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP)
announced today that it filed its Annual Report on Form 20-F for
the year ended December 31, 2018 with the United States Securities
and Exchange Commission on April 29, 2019. The document is also
available on the company’s corporate website at ir.itau.cl. Any
shareholder may request a printed copy of the company’s complete
audited consolidated financial statements, free of charge, by
contacting Itaú Corpbanca’s investor relations department.
About Itaú Corpbanca
ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is
the entity resulting from the merger of Banco Itaú Chile with and
into Corpbanca on April 1, 2016. The current ownership structure
is: 38.14% owned by Itaú Unibanco, 28.57% owned by the Saieh Family
and 33.29% owned by minority shareholders. Itaú Unibanco is the
sole controlling shareholder of the merged bank. Within this
context and without limiting the above, Itaú Unibanco and CorpGroup
have signed a shareholders’ agreement relating to corporate
governance, dividend policy (based on performance and capital
metrics), transfer of shares, liquidity and other matters.
The bank is the fifth largest private bank in Chile and as per
its mandate is the banking platform for future expansion in Latin
America, specifically in Chile, Colombia and Peru. Itaú Corpbanca
is a commercial bank based in Chile with additional operations in
Colombia and Panama. In addition, Itaú Corpbanca has a branch in
New York and representative offices in Madrid and Lima. Focused on
large and medium sized companies and individuals, Itaú Corpbanca
offers universal banking products. In 2012, the bank initiated a
regionalization process and as of the date hereof has acquired two
banks in Colombia -Banco Corpbanca Colombia and Helm Bank- becoming
the first Chilean bank with banking subsidiaries abroad. The merger
with Banco Itaú Chile and the business combination of our two banks
in Colombia, represent the continued success of our regionalization
process.
As of February 28, 2019, according to the Chilean
Superintendency of Banks, Itaú Corpbanca was the fifth largest
private bank in Chile in terms of the overall size of its customer
loan portfolio, equivalent to 10.1% market share. As of January 31,
2019, according to the Colombian Superintendency of Finance, Itaú
Corpbanca Colombia was the seventh largest bank in Colombia in
terms of total loans and the eighth largest bank in Colombia in
terms of total deposits, as reported under local regulatory and
accounting principles. As of the same date, its market share by
loans reached 4.7%.
Investor Relations – Itaú Corpbanca
+56 (2) 2660-1701 / IR@corpbanca.cl / ir.itau.cl
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