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Bank profits in Chile exceed US$4.5 billion in 2021 and show growth of almost 200%

RIO DE JANEIRO, BRAZIL - The Financial Market Commission (CMF) reported this Friday the banking system results at the end of 2021. In operational terms, the industry said that during the year, it earned US$4.501 billion, growing by 189.07% with respect to 2020.

The regulator specified that this significant variation was due to the lower comparison base of December 2020, mainly due to the recognition of the impairment in results of part of the goodwill and other intangible assets made by Itaú Corpbanca in June 2020.

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