Banco del Estado de Chile's head office in Santiago. Photo: Carlos yo via Flickr (CC License CC BY-SA 3.0)Banco del Estado de Chile, commercially operating under the brand BancoEstado, is the only public bank in Chile and was created by government decree in 1953. The bank offers financial services to consumers and companies, with an emphasis on national coverage in terms of geography and social sectors. The bank particularly focusses on the unbanked and small and medium enterprises. Banco del Estado is the country's largest mortgage lender and largest issuer of debit cards. The bank performs all of the Chilean government's financial activities through a single account managed by the General Treasury of the Republic of Chile.
| Website | http://www.bancoestado.cl |
| Headquarters |
Av. Libertador Bernardo O'Higgins nº1111
Santiago
Chile
|
| CEO/chair |
Juan Cooper Alvarez CEO |
| Supervisor | |
| Annual report | Annual integrated report 2020 |
| Ownership |
Banco del Estado de Chile is wholly owned by the Republic of Chile. |
| Complaints and grievances |
Banco del Estado de Chile operates a compaints channel which can be accessed here. |
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
Banco del Estado de Chile's webpage on corporate social responsibility can be accessed here.