Business
Itaú Chile reports on a new stage in the strategic adjustment of Itaú Colombia
SANTIAGO, Chile, Dec. 22, 2025 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (SSE:ITAUCL) reports that, within group´s regional strategy, Itaú Colombia S.A. is advancing into a new stage of its strategic adjustment process initiated in previous years, aimed at strengthening its focus on Wholesale Banking (Itaú Corporate) - which encompasses businesses with legal entities in Colombia and Panama - its subsidiaries Itaú Comisionista de Bolsa and Itaú Fiduciaria, and Treasury. As part of this stage, Itaú Col
About this update from Banco Itau Chile
[{"type":"image","alt":"Banco Itaú Chile","displaySize":"","headline":null,"caption":"Banco Itaú Chile","className":"","disableSlideshowImg":false,"size":{"original":{"width":85,"height":85,"url":"https://media.zenfs.com/en/globenewswire.com/055b9b2be931769f7e157dd6c27b0901"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/XnFjvWkX.vbDhj.Ho2tNWQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTExMDtoPTExMDtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/055b9b2be931769f7e157dd6c27b0901","width":85,"height":85}},"lazy":false},{"type":"text","content":"SANTIAGO, Chile, Dec. 22, 2025 (GLOBE NEWSWIRE) -- BANCO ITAÚ CHILE (SSE:ITAUCL) reports that, within group´s regional strategy, Itaú Colombia S.A. is advancing into a new stage of its strategic adjustment process initiated in previous years, aimed at strengthening its focus on Wholesale Banking (Itaú Corporate) - which encompasses businesses with legal entities in Colombia and Panama - its subsidiaries Itaú Comisionista de Bolsa and Itaú Fiduciaria, and Treasury.","length":468,"tagName":"p"},{"type":"text","content":"As part of this stage, Itaú Colombia S.A. and Banco Itaú Panama entered into an agreement for the transfer of certain assets and liabilities of the bank related to its retail banking business in Colombia and Panama to Banco de Bogotá S.A. and Banco de Bogotá Panama. This transaction was duly disclosed to the market and to the Superintendencia Financiera de Colombia. Complementarily, Itaú Colombia will continue to offer Itaú Miami products, focused on its private banking business.","length":484,"tagName":"p"},{"type":"text","content":"Through this agreement, Itaú Colombia S.A. will transfer a portfolio of approximately 267 thousand clients, representing close to COP$6.5 trillion in consumer and mortgage loans and approximately COP$4.1 trillion in deposits.","length":225,"tagName":"p"},{"type":"text","content":"The value of the transaction will be determined at closing, based on the book value of the assets and liabilities subject to the transfer.","length":138,"tagName":"p"},{"type":"text","content":"The completion and closing of the transaction are subject to the approval of the Superintendencia Financiera de Colombia and to the fulfillment of the customary conditions applicable to this type of transaction.","length":211,"tagName":"p"},{"type":"text","content":"Throughout the entire process and trans...