PA - Banco Security

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EARNINGS AND ROE OF BANCO SECURITY MILLIONS OF NOMINAL CH$ 40,000 UTILIDAD SECURITY ROE SECURITY (PATRIMONIO NETO) 25% 30,000 20,000 10,000 20% 15% 10% 5% 0 0% 2002 2003 2004 2005 2006 2007 2008 2009 2010 SOURCE: SBIF SUBSIDIARIES The subsidiaries that consolidate with Banco Security are Valores Security S.A. Corredores de Bolsa (99.76%) and Administradora General Fondos Security S.A. (99.90%). The earnings of Valores Security for 2010 amounted to Ch$1,501 million, while those of Administradora General de Fondos Security were Ch$3,762 million. The subsidiaries of Banco Security at the end of 2010 represented 15.6% of the consolidated results for the year and growth of 173.6% over the earnings generated in 2009. LOANS Banco Security is among the nine largest Banks operating in Chile, with loans of Ch$1,989 billion and a market share of 2.6%. Of these, 78.9% corresponded to the corporate sector and 20.5% to loans of the retail banking area.
2,500 2,000 1,500 1,000 500 0 2002 2003 2004 2005 2006 10 business areas 47 BANCO SECURITY LOANS BILLIONS OF NOMINAL CH$ 2007 2008 2009 2010 SOURCE: SBIF NOTE: CONTINGENT LIABILITIES HAVE BEEN DEDUCTED FROM HISTORIC LOANS AS THESE ARE NOW OFF BALANCE SHEET SINCE JANUARY 2008, IN ACCORDANCE WITH THE NEW STANDARDS (IFRS) The following shows the distribution of loans as of December 31, 2010, excluding interbank loans: LOAN COMPOSITION 2009 LOAN COMPOSITION 2010 HOUSING 13% OTHERS 2% HOUSING 15% OTHERS 2% CONSUMER 4% CONSUMER 6% LEASING 9% LEASING 9% FOREIGN TRADE FOREIGN COMMERCIAL TRADE 8% COMMERCIAL 64% 9% 59% SOURCE: SBIF PAGE
Page 1 and 2: A N N U A L R E P O R T 2 0 1 0
Page 4 and 5: PAGE PAGE PAGE financial summary 14
Page 6 and 7: Grupo Security Summarized Unconsoli
Page 9: 02 principal financial indicators n
Page 12 and 13: DEAR SHAREHOLDERS I have the pleasu
Page 15 and 16: oard and management 04
Page 17 and 18: 04board and management SENIOR MANAG
Page 19 and 20: 05 recognitions 17 COMPANIES WITH B
Page 21 and 22: 06 activities 19 ENCUENTRO JUVENTUD
Page 23 and 24: 06 activities 21 A SCHOOL FOR VILLA
Page 25: 2003 Inversiones Seguros Security i
Page 28 and 29: ECONOMIC CONTEXT EXTERNAL ENVIRONME
Page 30 and 31: CHILE: GDP GROWTH (%) 7 6 5 4 3 2 1
Page 33 and 34: 09strategic pillars
Page 35 and 36: 09strategic pillars security, where
Page 37 and 38: 09 strategic pillars RISK MANAGEMEN
Page 39 and 40: 10business areas
Page 41: 10 business areas 39 PAGE
Page 44 and 45: FINANCING BANKING INDUSTRY Banking
Page 46 and 47: The following graph shows the evolu
Page 50 and 51: RISK Banco Security has been charac
Page 53 and 54: 10business areas I N V E S T M E N
Page 55 and 56: 10 business areas 53 Administradora
Page 57: 10 business areas 55 SECURITIZADORA
Page 60 and 61: INSURANCE INSURANCE INDUSTRY The Ch
Page 62 and 63: Compañía de Seguros Generales Pen
Page 65 and 66: 10business areas S E R V I C E S
Page 67: It is important to recall that the
Page 70 and 71: INVESTMENT POLICY The bylaws of Gru
Page 72 and 73: The individual financial liabilitie
Page 74 and 75: BANK CREDITORS As of December 31, 2
Page 76 and 77: ASSOCIATED RISKS Local Financial Ri
Page 79 and 80: company information 12
Page 81 and 82: 12company information In accordance
Page 83 and 84: 12 company information 81 • Revis
Page 85 and 86: 12 company information 83 In Seguro
Page 87 and 88: 12 company information 85 STOCK MAR
Page 89 and 90: 12 company information 87 SOCIEDAD
Page 91 and 92: 12 company information 89 INMOBILIA
Page 93 and 94: Regulatory Framework Grupo Security
Page 95: financial statements 13

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