Return on equity (ROE) declined at leading banks in Chile last year on the back of the impact of the Covid-19 pandemic and political unrest in the country over efforts to rewrite the country’s constitution, which dates from the era of General Augusto Pinochet’s regime.
Banco de Crédito e Inversiones, Chile’s largest lender by Tier 1 capital, saw ROE drop to 8.2% last year from 10.6% in 2019, according to The Banker Database.
