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Banco Santander Chile Q2 Earnings Call Highlights
['Logan Wallace']
Ticker Report
Santander Chile now expects full-year NIM of about 4.1%, slightly above its initial target of around 4%.
The bank expects Chile’s central bank to keep its policy rate at 4.5% for an extended period as inflation risks have increased.
The bank expects potentially stronger industry growth in 2027 if inflation normalizes near 3% and GDP expands around 3%.
Santander Chile said these policies could support investment, housing demand and mortgage origination over time.
About Banco Santander Chile (NYSE:BSAC)Banco Santander Chile (NYSE:BSAC) is one of the leading financial institutions in Chile and a key component of the global Santander Group.