Scotiabank Chile SA engages in the provision of personal and commercial banking services. It operates through the following segments: SMEs and Retailers, Commercial Bank, Personal Banking, Financial Retail, and Others. The SMEs and Retailers segment consists of consumer loans, credit cards, education loans and mortgage loans, with or without governmental subsidy. The Commercial Bank segment comprises of working capital financing, foreign trade loans, leasing, factoring, and structured finance. The Personal Banking segment covers consumer loans, overdraft credit line, credit cards, and mortgage loans. The Financial Retail segment refers s credit cards and consumer loans offered within the framework of the binding partnership agreement with Cencosud S.A. The Others segment includes all items, treasury income, and accounting hedge. The company was founded in 1944 and is headquartered in Santiago, Chile.