CorpBanca Announces Fourth Quarter 2013 Financial Report
SANTIAGO, CHILE -- (Marketwired) -- 02/20/14 -- CORPBANCA (BCA) (NYSE: BCA) (BCS: CORPBANCA), a Chilean financial institution offering a wide variety of corporate and retail financial products and services, today announced its financial results for the fourth quarter ended December 31, 2013. This report is based on unaudited consolidated financial statements prepared in accordance with Chilean generally accepted accounting principles. Solely for the convenience of the reader, U.S. dollar amounts in this report have been translated from Chilean nominal pesos at our internal exchange rate as of December 31, 2013 of Ch$526.41 per U.S. dollar. Industry data contained herein has been obtained from the information provided by the Superintendency of Banks and Financial Institutions ("SBIF").
To view this press release in its entirety, please visit: http://media.capitallink.com/press/2013_Q4_Earnings_Release.pdf
Later today, February 20, 2014, at 10:00 A.M. ET, the Company's management team will host a conference call to discuss the financial results. The call will be hosted by Eugenio Gigogne, CorpBanca's Chief Financial Officer, and Claudia Labbé, CorpBanca's Manager of Investor Relations.
Conference Call Details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 (866) 819-7111 (US Toll Free Dial In), 0(800) 953-0329 (UK Toll Free Dial In) or +44 (0)1452-542-301 (Standard International Dial In). Please quote "CorpBanca" to the operator.
A telephonic replay of the conference call will be available until February 27, 2014 by dialing 1 (866) 247-4222 (US Toll Free Dial In), 0(800) 953-1533 (UK Toll Free Dial In) or +44 (0)1452 550-000 (Standard International Dial In). Access Code: 2339939#
There will also be a live and then archived webcast of the conference call through the CorpBanca website at www.corpbanca.cl. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.
CORPBANCA (BCS: CORPBANCA), is Chile's oldest operating private bank founded in 1871. Based in Chile, CorpBanca also participates in Colombia and Panama. It also has a branch in New York and a representative office in Madrid. Its total consolidated assets exceed US$35 billion and the equity totaled US$3.4 billion. Focused on large and medium companies and individuals, CorpBanca offers universal bank products. By mid 2012 it acquired Banco Santander Colombia and in 2013 acquired Helm Bank in Colombia and Panamá.
As of November 30, 2013, according to the Chilean Superintendency of Banks, CorpBanca was the fourth largest private bank in Chile in terms of the overall size of its customer loan portfolio (11.7% market share on a consolidated basis and 7.4% market share among private banks on an unconsolidated basis only taking into account its operations in Chile).
As of October 31, 2013, according to the Colombian Superintendency of Finance, CorpBanca Colombia and Helm Bank combined operations were the fifth largest bank in Colombia in terms of total assets and in terms of total loans and the fourth largest bank in Colombia in terms of total deposits, as reported under local regulatory and accounting principles.
CONTACT INFORMATION: Eugenio Gigogne CFO CorpBanca Santiago, Chile Phone: (562) 2660-2555 email@example.com Claudia Labbé Manager Investor Relations CorpBanca Santiago, Chile Phone: (562) 2660-2699 firstname.lastname@example.org Nicolas Bornozis President Capital Link New York, USA Phone: (212) 661-7566 email@example.com