Banco Santander-Chile Price & Performance (BSAC)

Chile's economy slowed in late 2024, with mining declines offset by internal demand. The government predicts recovery in 2025 through investments, though risks like U.S. tariffs on copper loom. The central bank keeps rates steady at 5%, focusing on inflation. Economic performance is under scrutiny ahead of elections.1

Santander continues expanding in the Americas, particularly in the U.S. and Mexico, with its digital bank Openbank gaining traction. Despite European investments, its focus remains on Latin America. The bank's shares climbed 2.1%, reaching their highest in nearly a decade, reflecting confidence in its strategy.1

March brings financial relief through no-interest installment plans offered by major banks. Promotions target education, automotive, and general expenses. Santander, for instance, offers up to 48 installments at preferential rates. These campaigns aim to support consumers managing seasonal expenses like school fees and vehicle renewals.2