![\"\"](\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2018\/10\/Banchile.jpg\")
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Banchile Inversiones has leveraged over three decades of fine-tuned fiduciary experience to become one of the most prominent players in the Chilean financial market.<\/strong> As a subsidiary of the Banco de Chile, Banchile Inversiones operates with the backing of one of the country\u2019s largest financial conglomerates. The firm\u2019s investment efforts are divided between its two subsidiaries: Banchile Administradora General de Fondos (AFG) handles asset management, while Banchile Corredores de Bolsa is responsible for brokerage activities. Banchile\u2019s AFG team has exemplary capital market knowledge, technical expertise, and network. Banchile AFG distribution covers pension fund, private bank, family office, and insurance company markets. The firm\u2019s diversified portfolio includes investment opportunities in Latin American equities as well as global mutual funds. Banchile saw a 34 percent year-on-year increase in net income in 2017, fuelled in part by a 10 percent rise in assets under AFG management. As one of the country\u2019s leading financial services providers and with assets under management totalling more than $9.5bn, Banchile AFG has contributed to the upward trend of the Chilean financial market. Banchile headquarters are in the country\u2019s capital, Santiago, which has recently been called \u201cSanhattan\u201d in reference to its position as a regional financial hub. The firm has contributed greatly to the sustainable growth of the Chilean economy, leading the CFI.co judging panel to present Banchile Inversiones with the 2018 award for Best Institutional Investment Services (Chile).<\/p>\n","protected":false},"excerpt":{"rendered":" Banchile Inversiones has leveraged over three decades of fine-tuned fiduciary experience to become one of the most prominent players in the Chilean financial market. As a subsidiary of the Banco<\/p>\n","protected":false},"author":1,"featured_media":6189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[53,7],"tags":[206],"class_list":["post-6821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-front","category-latin-america","tag-latam"],"yoast_head":"\n