NYSE, SAN - Banco Santander ADR
We were formed on August 1, 2002 through the merger of Santiago and Old
Santander-Chile, both of which were subsidiaries of our controlling shareholder,
Banco Santander Central Hispano. We are the largest bank in Chile in terms of
total assets, total deposits, loans and shareholders? equity. At December 31,
2006, we had total assets of Ch$14,843,439 million (US$27,774 million), loans
net of allowances outstanding of Ch$11,614,895 million (US$21,733 million),
deposits of Ch$9,392,332 million (US$17,574 million) and shareholders? equity of
Ch$1,245,339 million (US$2,330 million). As of December 31, 2006, we employed
8,184 people (on a consolidated basis) and had the largest private branch
network in Chile with 397 branches (includes payment centers Santander
SuperCaja). Our headquarters are located in Santiago and we operate in every
major region of Chile. ...
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