Economic & Banking Industry Overview - Chile's GDP growth is driven by strengthening domestic demand[3], with a recent growth of 2.3% in March 2025[4] - The unemployment rate shows a significant decrease from 10.9% to around 8%[5] - Lower inflation supports a more expansionary monetary policy, with CPI ex volatile at 3.8%[9] and the overnight rate at 4.75% in August 2025[10] - Banco de Chile forecasts a GDP growth of 2.3% for 2025[14] Financial Performance - The banking industry's quarterly net income reached 1.43 Trillion CLP in 2Q25, with a ROAE of 16.3%[17] - Banco de Chile's quarterly net income was 304.867 Billion CLP in 2Q25[102] - Banco de Chile's net income market share is 22.1% as of June 2025[43] - Total operating revenues reached 762.564 Billion CLP in 2Q25, a decrease of 1.1% year-over-year[99] Balance Sheet and Capital - Total assets are 53.32 Trillion CLP as of June 2025[93] - The CET1 ratio is 14.0% as of June 2025, exceeding regulatory standards[71] - Demand deposits constitute 28.7% of total assets[62] Strategic Priorities and Advances - The bank is focused on boosting technological evolution, increasing efficiency and productivity, and accelerating digital solutions[27] - Key business advances include new digital functionalities, placement of ESG bonds, and integration of debt collections[29, 30, 32] - Mid-term targets include achieving a top 1 ROAC, a cost-to-income ratio of ≤42%, and a top 1 market share in demand deposits, commercial loans, and consumer loans[28]