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Bancontander Chile (Bancontander Chile) Payments to Suppliers for Goods and Services


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What is Bancontander Chile Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.

Bancontander Chile (Bancontander Chile) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Santander Chile (NYSE:BSAC) » Definitions » Payments to Suppliers for Goods and Services
Comparable Companies
XSGO:CHILE XSGO:BCI XSGO:ITAUCL XSGO:SECURITY NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 XPAR:BNP NSE:SBIN ISX:BBCA USB MIC:SBER SGX:D05 MIL:ISP SAU:1180 PNC MIL:UCG BSP:ITUB3 HKSE:01658
Traded in Other Exchanges
BSA:Germany BSANTANDER:Chile B1SA34:Brazil
Address
Bandera 140, 20th Floor, Santiago, CHL
Website
https://www.santander.cl
Founded in 1978, Banco Santander Chile is part of the Santander group and majority controlled by Santander Spain. Banco Santander is the largest bank in Chile by loans and the second largest by deposits. The bank generates most of its net interest income (roughly 65% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans. Banco Santander's commercial loan business is more focused on small- to medium-sized companies, with firms generating more than CLP 10,000 million in revenue only making up around 5% of outstanding loans. Outside of lending, Banco Santander is the largest card issuer in the country with around 25% of the market and benefits from a long-term strategic partnership with the largest airline in the country LATAM Chile.