Banco Santander Chile
BSAC
About: Founded in 1978, Banco Santander Chile is part of Santander Group and majority-controlled by Santander Spain. It is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgages, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-size companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country, LATAM.
Employees: 8,757
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 10
15% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 39
11% more funds holding
Funds holding: 119 [Q1] → 132 (+13) [Q2]
6% more capital invested
Capital invested by funds: $517M [Q1] → $551M (+$33.2M) [Q2]
4.63% more ownership
Funds ownership: 0.01% [Q1] → 4.64% (+4.63%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
Financial journalist opinion
