Bci moves toward opening in Peru

Bci moves toward opening in Peru

Corporate & Sovereign Strategy M&A Chile Peru United States

Banco Bci, the third-largest lender in Chile, said Tuesday that it expects to open a division in Peru in the first quarter of next year as part of an ongoing effort to enter new markets. The Santiago-based bank has received authorization from Chile's central bank and expects to get an operating license from Peruvian banking regulator SBS in the second half of the year in the final steps before opening the new branch, it said in a securities filing. "The future operation in the neighboring countr

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial