November 22, 2013
Banco Santander Chile has inked a $100m loan with the Inter-American Develo
Banco Santander Chile has inked a $100m loan with the Inter-American Development Bank (IDB), it says. The funds will be used to make loans supporting international trade. Additional details were not available. The transaction comes under the IDBâ€™s Trade Finance Facilitation Program and is the first such loan to a Chilean bank. Santander Chile is rated Aa3/A/A+.