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.