PA - Banco Security
PA - Banco Security
PA - Banco Security
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10business areas<br />
FINANCIAL SYSTEM LOANS<br />
BILLIONS OF NOMINAL CH$<br />
80,000<br />
70,000<br />
60,000<br />
50,000<br />
40,000<br />
30,000<br />
20,000<br />
10,000<br />
0<br />
2002<br />
2003<br />
2004<br />
2005<br />
2006<br />
2007<br />
2008<br />
2009<br />
2010<br />
SOURCE: SBIF<br />
MARKET SHARE OF SYSTEM LOANS<br />
AS A DECEMBER 2010<br />
25%<br />
20%<br />
15%<br />
10%<br />
5%<br />
0%<br />
SANTANDER<br />
SOURCE: SBIF<br />
DE CHILE<br />
DEL ESTADO<br />
DE CHILE<br />
BCI<br />
CORPBANCA<br />
BBVA<br />
SCOTIABANK<br />
ITAÚ<br />
SECURITY<br />
BICE<br />
FALABELLA<br />
INTER.<br />
OTROS<br />
43<br />
<strong>PA</strong>GE<br />
RESULTS<br />
The results for Chilean financial system showed after-tax earnings of Ch$1,584 billion<br />
(approximately US$ 3,382 million) for the year 2010; distributable earnings rose by 30% over<br />
2009. The return on capital and reserves was 18.6% (18% in 2009), while the return on total<br />
assets was 1.46%. The generation of these results is mainly explained by reduced charges for<br />
credit risk and a higher operating efficiency of the financial system.