ITCB - Banco Itau Chile. - ADR
Region: US
Website: www.itau.cl
Employees: 7,816
IPO year: -
Issue type: American Depository Receipt (ADR’s)
Market: NYSE
Industry: Commercial Banking
Sector: Finance and Insurance
ITAÚ CORPBANCA is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 39.22% owned by Itaú Unibanco, 27.16% owned by the Saieh Family and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Within this context and without limiting the above, Itaú Unibanco and CorpGroup have signed a shareholders' agreement relating to corporate governance, dividend policy (based on performance and capital metrics), transfer of shares, liquidity and other matters.