CHILE
Press Release
Santiago, March 18, 2015, We inform you that during the last meeting held yesterday, the Board of Banco Santander-Chile agreed to call for an Ordinary Shareholder's meeting on April 28, 2015, in order to discuss, among other matters, the proposal to distribute a dividend of CH$ 1.75221599 per share, corresponding to 60% of net income attributable to shareholders for 2014.
As well, the Board will propose to the Shareholder's meeting that the remaining 40% of the profits be used to increase the Bank's reserves.
About Banco Santander Chile
We are the largest bank in Chile in terms of total assets and equity. As of December 31, 2014, we had total assets of U.S. $ 50.2 million, equity of U.S. $ 4.3 million, and we employed 11,478 people and had the largest private branch network in Chile, with 474 branches. Santander Chile also has one of the best risk ratings in the region with an A + by Fitch , A by Standard and Poor's and Aa3 by Moody's. As of December, the Bank had a core capital ratio of 10.9%. Banco Santander Chile traded on the Santiago Stock Exchange ( Bsantander ) and the New York Stock Exchange ( BSAC ) . The largest shareholder of Banco Santander Group is the controlling 67 % stake.