BancoEstado

Santiago, Chile Founded: 1855 • Age: 171 yrs
Offers banking services including accounts, credits, and investments for consumers and enterprises.
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About BancoEstado

BancoEstado is a company based in Santiago (Chile) founded in 1855. It operates as a B2C, and B2B. BancoEstado offers products and services including CuentaRUT, Tarjetas de Crédito, Créditos de Consumo, and Seguros. BancoEstado operates in a competitive market with competitors including Scotiabank, Bank of America, Banco Itau, Bci and Banco de Chile, among others.

  • Headquarter Santiago, Chile
  • Sectors
    Financial Services
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Banco Estado De Chile
Operational Areas
Financial Services → FinTech & Digital Finance
Business Services → Financial, Accounting & Compliance Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of BancoEstado

BancoEstado offers a comprehensive portfolio of products and services, including CuentaRUT, Tarjetas de Crédito, Créditos de Consumo, and Seguros. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Basic account for everyday transactions and financial access

Cards for purchases, payments, and credit financing

Consumer loans for personal projects and debt management

Protection services for individuals and their assets

Funding Insights of BancoEstado

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by BancoEstado

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - BancoEstado

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bancoestado Comparisons

Employees
+
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Competitors of BancoEstado

BancoEstado operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Scotiabank, Bank of America, Banco Itau, Bci and Banco de Chile, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Commercial banking services are provided internationally by Scotiabank.
domain founded_year HQ Location
Commercial banking and asset management services are offered worldwide.
domain founded_year HQ Location
Commercial banking services are offered to clients in Chile.
domain founded_year HQ Location
Commercial banking services are provided to individuals and businesses.
domain founded_year HQ Location
Commercial bank
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Bancoestado

Frequently Asked Questions about BancoEstado

When was BancoEstado founded?

BancoEstado was founded in 1855.

Where is BancoEstado located?

BancoEstado is headquartered in Santiago, Chile. It is registered at Santiago, Region Metropolitana De Santiago, Chile.

What does BancoEstado do?

BancoEstado is a state-owned bank in Chile that provides a range of financial services such as accounts, loans, credit cards, and insurance. It operates through digital platforms and physical branches, serving individuals, microenterprises, small businesses, and public sectors. Based in Santiago, it focuses on accessible banking solutions to support economic development and daily financial needs across the country.

Who are the top competitors of BancoEstado?

BancoEstado's top competitors include Scotiabank, Bank of America and Banco de Chile.

What products or services does BancoEstado offer?

BancoEstado offers CuentaRUT, Tarjetas de Crédito, Créditos de Consumo, and Seguros.

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