Market Closed 11-13-2019 04:47 AM GMT -03:00
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Market Closed: 04:47 AM
ITAÚ CORPBANCA is the resulting entity from the merger between CorpBanca and Banco Itaú Chile on April 1, 2016. The merged bank has become the fourth largest private bank by loans in Chile and will result in a banking platform for future expansion in Latin America, specifically in Chile, Colombia, Peru, and Central America. Itaú CorpBanca is a commercial bank based in Chile with operations also in Colombia and Panama. In addition, Itaú CorpBanca has a branch in New York and a representative office in Madrid. Focused on large and medium companies and in individuals, Itaú CorpBanca offers universal banking products. In 2012 former CorpBanca initiated a regionalization process and to date has acquired two banks in Colombia -Banco CorpBanca Colombia and Helm Bank-, becoming the first Chilean bank having banking subsidiaries abroad. This process is enhanced by the merger with Banco Itaú Chile and the business combination of both in Colombia.