Banco de Chile

Banco de Chile is the large mainstream bank people in Chile use for accounts, cards, mortgages, consumer loans, and day-to-day payments. By our assessment, it is strongest as a straightforward full-service bank: familiar products, wide enough reach, and the sort of infrastructure ordinary customers expect from a national name. The limit is that a big incumbent bank rarely feels nimble; service and products tend to be standard, not adventurous. In practice, that means branches, online banking, and routine paperwork rather than anything flashy. Banco de Chile sits near the centre of the Chilean banking market, which makes it a sensible default for people who want a conventional bank and not a specialist lender.