annual report grupo security - Banco Security

s e c u r i t i z a d o r a s e c u r i t y g m a c - r f c s . a .t y p e o f c o m p a n yClosely-held corporation.i n s c r i p t i o n i n t h e s e c u r i t i e s r e g i s t e rSecuritizadora Security GMAC-RFC is inscribed in the Securities Rergister under the No.640.o b j e c t sThe company’s objects are exclusively to acquire credits as referred to in clause 135 of Law 18,045 of 1981 and complementarylegislation, and the issue of short and long-term debt instruments.g e n e r a l i n f o r m a t i o nThe company was constituted as a closely-held corporation by public deed dated October 21, 1997 before the notary Álvaro BianchiRosas and was approved, together with its bylaws, by Resolution 369 of December 12, 1997 of the Superintendency of Securities andInsurance.The certificate issued by that Superintendency containing an extract of the bylaws was inscribed in folio 31,310 number 25,367 in theSantiago Trade Register of 1997 and published in the Official Gazette on December 23, 1997.In November 2005, Securitizadora Security S.A. was acquired by Grupo Security S.A. to become its direct subsidiary. The extraordinaryshareholders’ meeting held on November 29, 2005 agreed to change the company’s name to Securitizadora Security GMAC-RFC S.A.p a i d c a p i t a l a n d e q u i t yThe capital and reserves at December 31, 2007 were Ch$2,419 million and its equity Ch$2,874 million.i n v e s t m e n t a s p r o p o r t i o n o f t h e a s s e t s o f g r u p o s e c u r i t y s . a .Securitizadora Security GMAC-RFC S.A. represents 0.44% of the assets of Grupo Security.t r a d i n g r e l a t i o n s w i t h s u b s i d i a r y a n d a s s o c i a t e c o m p a n i e s a n d t h e p a r e n tThere were no trading relations with subsidiaries, associates or parent of Grupo Security during 2007.In the future, there is the possibility of extending the offer of these services to customers of the parent’s subsidiaries and associatecompanies.b o a r d o f d i r e c t o r sCHAIRMAN · Francisco Silva Silva TAX Nº: 4.103.061-5Directors · Christian Sinclair Manley TAX Nº: 6.379.747-2· Ramón Eluchans Olivares TAX Nº: 6.464.460-2· Renato Peñafiel Muñoz TAX Nº: 6.350.390-8· Carlos Budge Carvallo TAX Nº: 7.011.490-9PRESIDENT · Juan Enrique Montes Molina TAX Nº: 9.253.937-7