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Banco Santander Chile announces audited financial results for 2024

Banco Santander Chile has released its audited consolidated financial statements for the years ending December 31, 2024, and 2023, confirming a fair view of its financial health. The independent auditor's report, dated February 27, 2025, found no material misstatements, assuring stakeholders of the bank's compliance with regulatory standards. The bank continues to provide a range of financial services, including commercial banking and mortgages, to its customers in Chile.

christiana riley appointed new ceo of santander usa

Christiana Riley has been appointed as the new CEO of Santander USA, succeeding Tim Wennes, as announced by CEO Ana Botín on Instagram. Botín expressed confidence in Riley's ability to lead the next phase of growth in this vital market and thanked Wennes for his transformative leadership. Additionally, Andrés Trautmann will take over as CEO of Santander Chile, replacing Román Blanco.

santander chile appoints andres traumann buc as new ceo effective july 2025

Banco Santander Chile has appointed Andrés Trautmann Buc as the new CEO and Country Head, effective July 1, 2025, succeeding Román Blanco Reinosa. Trautmann, who has been with Santander since 2007 and currently serves as Executive Vice President of Corporate & Investment Banking, is recognized for his significant contributions to the bank's growth and market expansion. Under Blanco's leadership, Santander achieved a 26% ROAE in Q4 2024 and notable advancements in technology and service models.

santander chile reports strong financial growth and customer expansion in 2024

Banco Santander Chile reported a robust financial performance for 2024, with a net income of $858 billion, marking a 72.8% increase year-over-year and an ROAE of 20.2%. The bank's efficiency ratio improved to 39.0%, while net fees rose by 8.8%, achieving a recurrence level of 60.3%. Customer growth continued, with a 6.4% increase in total customers and a significant rise in digital engagement, reflecting successful strategies in digital banking and product offerings.

Santander Chile reports record profit and strong return on equity in 2024

Banco Santander Chile reported a remarkable 72.8% increase in net income for Q4 and full-year 2024, reaching $858 billion, with a Return on Average Equity of 20.2%. The bank's operating income surged by 34.5% year-over-year, driven by improved interest margins and reduced funding costs. Customer growth was robust, with a 6.4% increase in total customers and a 5.9% rise in digital customers, while the efficiency ratio improved significantly to 39.0%.
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