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BANCOESTADO HISTORICAL NEWS

BancoEstado was highlighted for its expertise in bankarization

Santiago 08/01/2011

The General Assembly of the World Savings Banks Institute (WSBI), highlighted CajaVecina and CuentaRUT as successful cases of bankarization. The recognition came during an international meeting that brought together the members of this organization, which seeks to increase the inclusion of a higher percentage of population to the formal financial system.

BancoEstado and China Development Bank signed a cooperation agreement

Santiago 06/14/2011

In the context of the visit made by the Vice President of People's Republic of China - Xi Jinping - to Chile, both banks signed a cooperation agreement covering various areas. This activity was held in La Moneda Palace, and was attended by Mr. Sebastián Piñera, President of the Republic of Chile.

BancoEstado made a successful placement of subordinated bond

Santiago 06/07/2011

A 30-year term bond at a 3.76% rate

BancoEstado takes the challenge of reaching 4 million Chileans with CuentaRut

Santiago 04/27/2011

CuentaRUT became a crucial instrument for the financial system, and has positioned itself as a key support in Chileans’ bankarization. Over 50% of users belong to the lower income segment of the country.

Stock Exchange awarded BancoEstado Brokers as the best of 2010

Santiago 02/08/2011

Two of the three awards granted every year by the Stock Exchange were given to BancoEstado Brokers. During 2010, the brokerage held the first place in the markets for financial intermediation instruments and fixed income, with 22% and 20% market share respectively. For 2011, the challenge will be to triple the equity trading volumes.

BancoEstado highlights important progress in bankarization

Santiago 02/06/2011

At the presentation of the year-end balance, Segismundo Schulin-Zeuthen, Chairman of the State Bank, met with the specialized media in the finance sector. He underlined the good results in bankarization and the opportunities that can give this entity to the thousands of Chileans who need financial.

BancoEstado Corredores de Bolsa (Stock Brokerage) is number one in the ranking of amounts traded

Santiago 12/27/2010

With 17% of total negotiations, the bank stands out in the fixed income market.

BancoEstado again amongst the best evaluated companies by customers

Santiago 11/18/2010

As in 2009, good practices aimed at listening to customers, together with its online quality measurement system are the main achievements of the company.

BancoEstado will reach 6,500 CajaVecina (neighborhood cash machines), 425 thousand micro-entrepreneurs and 3,500,000 CuentaRUT in 2011

Valparaíso 11/03/2010

Together with the President, Ministers, local authorities and clients from Quintay, officers and employees of the bank celebrated an earlier achievement of their 2010 target: the opening of the CajaVecina number 4,000 and 400,000 microentrepreneurs.

BancoEstado and its Microenterprises Branch among the best companies to work in Chile

Santiago 10/21/2010

The corporation BancoEstado surpassed 2009 results, reaching number 26, while the branch dedicated to micro entrepreneurs was ranked fifth in the ranking developed by the Great Place to Work Institute and Capital magazine.

BANCO ESTADO MAKES A SUCEESFUL BOND PLACEMENT FOR USD$500 MILLION

Santiago 09/30/2010

The activity counted on more than 100 foreign investors and the demand exceeded 3.5 times the amount of the issuance.

SBIF: BANCOESTADO LEADS THE INTERNET MARKET

Santiago 09/23/2010

The bank has a 33% market share of clients in internet, reaching more than 900 thousand clients online.

BancoEstado is the most visited internet site of the national banking system

Santiago 09/21/2010

According to the “State of Internet in Chile” study developed by comScore, BancoEstado is at the fifth place amongst national brands with more online audience at local level.

MBA students from California visited the BancoEstado Micro-enterprise branch

Santiago 09/08/2010

“Chile as a micro-business power for 2020” was the focal point of the presentation made by BancoEstado Micro-enterprise managers to MBA students from California University.

International Study by Merco highlights BancoEstado’s entrepreneurial reputation

Santiago 09/08/2010

The Entrepreneurial Monitoring System of Corporate Reputation, which collected the opinion of entrepreneurs, clients, trade unions and financial analysts, distinguished BancoEstado in the framework of the 50 most prestigious companies and at the first place in stakeholders’ category, as the institution with best ethic and CSR perception.

Executives from the bank of Costa Rica undertake an internship in BancoEstado

Santiago 09/03/2010

One of the targets accomplished by the internship made by the national institution to some executives of the Banco Popular of Costa Rica was to expose BancoEstado’s experience in matters related to human capital and organizational structure.

BancoEstado is the safest financial institution in Latin America

Santiago 09/03/2010

As per the study issued by the Global Finance magazine, which presented the list of 50 safest banks in the world in 2010, BancoEstado leads the list of safest bank in Latin America.

BancoEstado: 155 years supporting Chilean’s development

Santiago 09/03/2010

Close to exceed 3.500 Cajas Vecinas [neighborhood cash machines] and reach 400 thousand micro-entrepreneur clients, the financial entity is celebrating its anniversary with the main target of increasing people’s bankarization.

The Minister of Finance visits BancoEstado’s office in New York

New York 07/21/2010

Within the framework of Chile Day 2010’s celebrations, the Minister of Finance met the Chairman and Chief Executive Officer of BancoEstado’s New York Office.

BancoEstado is leading again the internet users ranking

Santiago 07/01/2010

Safe, fast, accessible and low-cost services are some of the factors that turned BancoEstado into the banking entity with most users of financial services through the web.