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AmericasOctober 20 2021

Chilean banks brave tough environment

Change is underway in Chile as its financial institutions face political, economic and operational challenges. 
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Chilean banks brave tough environment

Chile’s banks have weathered the dual blows of its political crisis and the Covid-19 pandemic over the past two years and, while extremely cautious, are now ready for growth.

The 14 full-service banks in the Association of Banks and Financial Institutions (ABIF) are liquid and seeing growing expansion, following the challenges brought on by a mass uprising in October 2019 and the 2020 coronavirus lockdown that is still unwinding.  

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