StockMarketWire.com - Banco de Chile posts record full year net income of Ch$429bn for 2011 - up from Ch$378bn last time.
The bank says that as a result, it became the most profitable bank in Chile, with a ROAE of 23.7% that clearly surpassed the 17.7% recorded by the local industry.
Banco de Chile says it became the market leader in total loans, reaching a 19.8% stake in 2011 by adding 59 bp year-on-year.
Story provided by StockMarketWire.com
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