Banchile Inversiones: Best Stock Brokerage Chile 2019

Banchile Inversiones has made its mark on the Chilean economy as the country’s leading brokerage house and the preferred stockbroker of international investors. The investment firm is a subsidiary of Banco de Chile, the country’s largest bank with over 125 years of history, two million clients, and $55m in assets under management. For the past 38 years, Banchile Inversiones has maintained a leadership position in the Chilean investment sector, serving more than 300,000 retail, public sector, and institutional clients via a nationwide network of 295 branches. Operations are divided between the firm’s two subsidiaries: Banchile Administradora General de Fondos handles investment management, while Banchile Corredores de Bolsa serves as the brokerage house. Through a joint venture with global financial conglomerate Citi, Banchile leverages its local knowledge to provide clients with expert research analysis of publicly traded Chilean corporations. The agreement also gives Banchile’s local clients access to Citi’s global investment markets in 100 countries. Banchile helps companies throughout Latin America seize the opportunities presented by the integration of regional markets into a more competitive collective. The firm has launched a digital investment platform — the first of its kind in Chile — that has increased efficiency, decreased risk, and enhanced customer service. Clients can digitally sign contracts and manage their portfolios — whether trading stocks or investing and divesting funds —through Banchile’s apps. The CFI.co judging panel has recognised Banchile in past award programmes for bolstering the country’s capital markets and stimulating economic growth throughout the nation. The judges announce Banchile Inversiones as the worthy winner of the 2019 award for Best Stock Brokerage (Chile).