Financial Data and Key Metrics Changes - Net income in Q3 2020 increased by 23.9% quarter-on-quarter, totaling CLP 105 billion, despite additional voluntary provisions of CLP 30 billion due to COVID-19 uncertainties [11][12] - Return on equity improved to 11.5% from 9.5% in the previous quarter [12] - Net interest income (NII) grew by 10.5% year-to-date, with net interest margins (NIM) at 3.7% in Q3 [13][14] Business Line Data and Key Metrics Changes - Loan growth decelerated in Q3, particularly in FOGAPE COVID lines, with approximately CLP 1.9 trillion disbursed, representing about 10% of the commercial loan book [18] - Consumer lending continued to decline, but payment behavior remained healthy, with non-performing loan (NPL) ratios steady at 1.2% [19][21] - Noninterest-bearing demand deposits grew by 47% year-on-year and 12% quarter-on-quarter, surpassing time deposits for the first time [15][16] Market Data and Key Metrics Changes - Retail sales exceeded pre-coronavirus levels, and business confidence reached its highest since October 2019 [7] - The economy is expected to contract between 5% and 6% in 2020 but is projected to recover in 2021 [8] Company Strategy and Development Direction - The company is focusing on digital transformation, with a US$380 million investment plan and a significant increase in digital client transactions [36][35] - The bank's strategy includes maintaining a strong balance sheet and managing costs effectively, with operational expenses increasing only 3.1% year-on-year [30] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the economic recovery, citing improved asset quality and a potential decline in the cost of credit to around 1% in Q4 [27][44] - The company anticipates a rebound in loan growth in 2021, contingent on economic conditions and consumer demand [42][95] Other Important Information - The bank's core capital ratio reached 10.7%, and the total BIS ratio was 15.1%, the highest in a decade [31][32] - The board proposed a dividend payout of CLP 0.88 per share, totaling 60% of 2019 earnings [33][88] Q&A Session Summary Question: Political and economic outlook regarding pension fund withdrawals and constitutional process - Management noted uncertainty around a potential second pension fund withdrawal, which could provide additional liquidity to households but may complicate pension system reforms [45][49] Question: Provisions and cost of risk comparison with previous crises - Management explained that the current cost of risk is lower due to higher coverage ratios and proactive government measures, contrasting with the 2009 crisis [47][60] Question: Provisions expectations for 2021 - Management refrained from providing specific guidance for 2021 but indicated a positive outlook based on current asset quality trends [63][66] Question: Loan growth expectations and mix - Management expects a rebound in loan growth next year, with a focus on improving the mix to enhance NIM [95]

Banco Santander Chile 3Q20 Results October 30, 2020 Important information Banco Santander Chile caution that this presentation contains forward looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995. These forward looking statements are found in various places throughout this presentation and include, without limitation, statements concerning our future business development and economic performance. While these forward looking statements represent our judgment and f ...

Financial Data and Key Metrics Changes - The bank's net income in Q2 decreased by 41% quarter-on-quarter and 50.4% year-on-year, totaling CLP 84,859 million, with an adjusted net income of CLP 106,759 million after a voluntary provision of CLP 30 billion [24][51]. - Total gross income increased by 7.1% compared to Q1 and 6.7% compared to Q2 2019, demonstrating the bank's ability to generate solid income during the pandemic [25]. - The efficiency ratio improved to 38.9% in the quarter, indicating strong operational control [36]. Business Line Data and Key Metrics Changes - Total loans increased by 13.5% year-on-year and 2.7% quarter-on-quarter, driven by working capital lines to corporate and middle market, as well as FOGAPE guaranteed loans to SMEs [20]. - Demand deposits saw a significant growth of 39.3% year-on-year, contributing to a favorable funding mix [19]. - Lending to individuals continued to decline, particularly in consumer lending, as clients became more restrictive in their consumption behavior [20]. Market Data and Key Metrics Changes - The official unemployment rate rose to 11.2% in the quarter ending in May, with employment falling more than 15% year-on-year [5]. - The Central Bank maintained its policy rate at 0.5%, signaling it will remain at this level for at least two years [5]. - The balance of trade improved due to resilient external demand for Chile, supported by high copper prices [6]. Company Strategy and Development Direction - The bank is continuing its investment plan of $380 million for 2019-2021 in technology, branch upgrades, and new products, with a focus on digital onboarding for SMEs [39]. - A new branch transformation project will start in the second half of the year, emphasizing digital capabilities and efficiency [48]. - The bank's strategy includes launching digital products like Superdigital and Klare, aimed at expanding its customer base and enhancing service delivery [42][40]. Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the gradual reopening of the economy as COVID-19 cases decline, while acknowledging the ongoing uncertainty [3][50]. - The bank is well-prepared to confront the challenges posed by the pandemic and is optimistic about 2021 [52]. - Management highlighted that asset quality has remained better than expected, aided by government support and reduced consumer spending during lockdowns [62]. Other Important Information - The bank's capital ratio finished the quarter at 10%, with a total BIS ratio of 14.6% [23]. - The bank has disbursed over CLP 1.5 trillion in FOGAPE guaranteed loans, representing around 8% of the commercial loan book [22]. - The bank's digital client base grew by 20.7% year-on-year, reflecting the success of its digital initiatives [38]. Q&A Session Summary Question: Preventive provisions and asset quality - Management confirmed that an additional CLP 30 billion in voluntary provisions will be recognized in July, providing a cushion for potential credit quality impacts [56][57]. Question: Net interest margin (NIM) impacts - NIM decreased from 4.2% in Q1 to 3.8% in Q2, attributed to lower inflation and a shift in asset mix towards less risky assets [59]. Question: Pension fund withdrawals implications - Management expects upward pressure on inflation due to increased consumption from pension fund withdrawals, which will provide short-term liquidity support [60][61]. Question: Collection of interest on loans - Interest collection is affected by payment holidays, particularly in the mortgage portfolio, but management expects normalization in collections soon [70][72]. Question: Branch transformation vs. expansion - The focus will shift towards transforming existing branches rather than expanding the network in the near future due to the ongoing crisis [73]. Question: FOGAPE loans and margins - FOGAPE loans have lower spreads compared to typical SME loans, but they are expected to provide stability in credit costs due to government guarantees [85].

Banco Santander-Chile (NYSE:BSAC) Q1 2020 Earnings Conference Call April 29, 2020 11:00 AM ET Company Participants Emiliano Muratore - CFO Claudio Soto - Chief Economist Robert Heimlich - Manager, IR Conference Call Participants Ernesto Gabilondo - Bank of America Merrill Lynch Jason Mollin - Scotiabank Daer Labarta - Goldman Sachs Group Ricardo Garcia - Crédit Suisse Sebastián Gallego - CrediCorp Capital Yuri Fernandes - JPMorgan Chase & Co. Piedad Alessandri - CrediCorp Jorg Friedemann - Citigroup Operato ...

Banco Santander Chile 4Q19 Earnings Report January 29, 2020 Banco Santander Chile Earnings Report 1Q20 April 29, 2020 Contents Page 01 Important Information 02 Section 1: Key Consolidated Data 03 Section 2: Summary of Results 10 Section 3: YTD Results by Reporting Segment 12 Section 4: Loans, Funding and Capital 16 Section 5: Analysis of Quarterly Income Statement 26 Section 6: Credit Risk Ratings 27 Section 7: Share Performance CONTACT INFORMATION Investor Relations Department Banco Santander Chile Bandera ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . OR Commission file number: 1-14554 BANCO SANTANDER-CHILE ( ...

Banco Santander-Chile (NYSE:BSAC) Q4 2019 Results Conference Call January 29, 2019 10:00 AM ET Company Participants Emiliano Muratore - CFO Robert Moreno - Managing Director of Investor Relations Claudio Soto - Chief Economist Conference Call Participants Ernesto Gabilondo - Bank of America Jason Mollin - Scotiabank Thiago Batista - UBS Tito Labarta - Goldman Sachs Neha Agarwala - HSBC Sebastián Gallego - CrediCorp Jorg Friedemann - Citibank Tibad Alessandri - CrediCorp Yuri Fernandes - JP Morgan Operator L ...

Banco Santander Chile 4Q19 & 12M19 Results 1 1 January 29, 2020 Important information Banco Santander Chile caution that this presentation contains forward looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995. These forward looking statements are found in various places throughout this presentation and include, without limitation, statements concerning our future business development and economic performance. While these forward looking statements represent our ju ...

Banco Santander Chile 3Q19 Results 1 1 October 30, 2019 Important information Banco Santander Chile caution that this presentation contains forward looking statements within the meaning of the US Private Securities Litigation Reform Act of 1995. These forward looking statements are found in various places throughout this presentation and include, without limitation, statements concerning our future business development and economic performance. While these forward looking statements represent our judgment a ...

Banco Santander-Chile (NYSE:BSAC) Q3 2019 Earnings Conference Call October 30, 2019 10:00 AM ET Company Participants Emiliano Muratore - CFO Claudio Soto - Chief Economist Robert Moreno - Manager, IR Conference Call Participants Jorg Friedemann - Citigroup Ernesto Gabilondo - Bank of America Merrill Lynch Gabriel Nóbrega - Citigroup Neha Agarwala - HSBC Yuri Fernandes - JP Morgan Operator Ladies and gentlemen, thank you for standing by, and welcome to the Q3 2019 Banco Santander-Chile Earnings Conference Ca ...