What Bci Bank does

Bci Bank (legal name: Banco de Crédito e Inversiones S.A., ticker BCI on the Bolsa de Comercio de Santiago) is Chile's third-largest bank by assets, founded in 1937 (some sources 1943) and headquartered in Santiago. It operates a universal banking model serving approximately 6 million customers across retail (Personas), small and medium enterprise (Pyme), wholesale/enterprise, private banking, and international segments, with 164+ branches in Chile, operations in Peru (Banco Bci Peru) and the United States (Bci Miami Branch, City National Bank of Florida with 30+ branches, Bci Securities broker-dealer), plus representation offices in Mexico, Brazil, Colombia, and China.

The bank runs a digital-first product platform built around the Bci mobile app, BciPass/Multipass multi-factor authentication (ISO 27001 certified), Banco en Línea web banking, the 360 Connect corporate digital platform with Cash Flow feature, an Open Banking aggregation product (Saldos Otros Bancos), Datamart Bci for factoring risk evaluation, and a Virtual Advisor chatbot. Core retail offerings include the Cuenta Digital Bci digital checking account, Plan BciPlus+ premium account, BciPlus+ cashback credit card, Crédito de Consumo (rates from 0.89%), Crédito Hipotecario, and the Cuenta Inversiones Digital investment account. Wholesale products include factoring, leasing (including Leasing Verde green equipment financing), trade finance, FX and derivatives, corporate finance advisory, and investment banking, with a particularly strong franchise in syndicated renewable energy and BESS project finance (e.g., USD 325M T Power, USD 282M Zelestra, USD 475M Atlas deals).

BCI earns revenue through interest income on consumer, mortgage, and commercial lending; transaction and commission fees on payment services and account maintenance; subscription-style recurring fees from AUM-based businesses (Bci Asset Management, Bci Corredor de Bolsa distributing mutual funds, stocks, ETFs, and Carteras Dinámicas/Patrimoniales managed portfolios); and fees from corporate banking services (cash management, FX, trade finance) and international operations. Wholly-owned subsidiaries span insurance brokerage (Bci Corredores de Seguros, partnered with Zurich), factoring (Bci Factoring), securitization (Bci Securitizadora), debt normalization (Bci Normaliza), and US broker-dealer (Bci Securities). The bank carries investment-grade ratings of A2/A-/A from Moody's, S&P, and Fitch and has been named Global Finance's Best Digital Bank in Latin America for four consecutive years.

Name

Bci Bank

Legal name

Banco de Crédito e Inversiones S.A.

Website

https://bci.cl

Company type

Public

Founded year

1943

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Bci Bank is Chile's third-largest publicly traded universal bank serving ~6 million customers across retail, SME, corporate, and private banking segments, with operations in Chile, Peru, and the United States (including City National Bank of Florida), and a digital-first platform spanning 164+ branches, mobile/web banking, and 360 Connect corporate services.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Commercial Banking (522110)

SIC

National Commercial Banks (6021)

akta.pro primary industry

General SME & Middle-Market Commercial Banking (FSABABAA)

akta.pro secondary industries

Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA), SME Business Lending (Term Loans, Lines of Credit, Overdrafts) (FSABABAB), SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Wealth Lending & Margin / Securities-Backed Lines (Retail) (FSAAAAAN)

Keywords

• Retail banking services
• Corporate banking solutions
• Consumer lending products
• Investment management services
• Digital banking platform

Headquarters

HQ city

Santiago

HQ country

Chile

HQ region

Latin America

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Traditional banking interest revenue from lending activities including consumer credit, mortgages, commercial loans, and credit cards
2. Transaction and Commission Fees: Fees from payment services, wire transfers, account maintenance, and banking service commissions
3. Investment Products Distribution: Revenue from distributing mutual funds, stocks, ETFs, and portfolio management services through Bci Asset Management and Bci Corredor de Bolsa
4. Corporate Banking Services: Fees from cash management, foreign exchange, trade finance, and corporate lending services for wholesale clients
5. International Operations: Cross-border banking revenue through Miami branch, City National Bank of Florida subsidiary, and Peru operations

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Bci Bank is a Chilean universal bank providing a full range of retail, SME, corporate, and private banking services through physical branches, a 100% digital account opening platform, mobile and web banking, and an extensive international footprint spanning Chile, the United States, and Peru. Core offerings include checking and savings accounts, credit cards with cashback rewards (BciPlus+), consumer and mortgage loans, mutual funds and investment products, corporate cash management, factoring, leasing, foreign exchange, trade finance, and insurance brokerage. The bank serves approximately 6 million customers across retail and business segments with dedicated SME, private banking, and enterprise divisions.

Product overview

Bci Bank is a Chilean universal bank operating a multi-segment, multi-product banking platform serving retail, SME, corporate, and private banking clients. The core retail offering centers on checking accounts (Cuenta Digital Bci, Plan BciPlus+), credit cards (BciPlus+ with cashback), personal loans (Crédito de Consumo), and mortgages (Crédito Hipotecario). The investment platform (Bci Inversiones) offers digital investment accounts, mutual funds (Fondos Mutuos), dynamic portfolios (Carteras Dinámicas), time deposits, stocks, and APV. Corporate services include 360 Connect digital banking, factoring, leasing, cash management, trade finance, and treasury solutions. The bank maintains subsidiaries for insurance brokerage (Bci Corredora de Seguros), asset management (Bci Asset Management), securities brokerage (Bci Corredor de Bolsa), factoring (Bci Factoring), and securitization (Bci Securitizadora). International operations span Miami (Bci Miami, City National Bank of Florida, Bci Securities) and Peru (Banco Bci Perú). The digital ecosystem includes mobile app (App Bci), virtual advisor, QR payments, POS terminals (BciPagos), and open banking integrations.

Differentiator

Problem solved

Functional benefit

Products and services

• Cuenta Digital Bci Basic digital checking account for retail customers in Chile that can be opened fully online, with debit card issued and small monthly maintenance fee waived for ages 18-24 and 65+.
• Plan BciPlus+ Premium checking account plan bundled with the BciPlus+ credit card, offering up to 1% cashback on purchases and exclusive merchant discounts.
• BciPlus+ Credit Card Premium credit card with cashback rewards of up to 1% on all purchases and additional cashback at participating merchants, with validation up to 30 days.
• Tarjeta de Crédito Bci Standard Bci credit card offering up to 1% cashback, interest-free installment payments in 3 or 6 installments, and exclusive travel benefits.
• Crédito de Consumo Personal consumer loans for retail customers with interest rates starting from 0.89%, fast online financing disbursed directly to the customer's account with customizable installments.
• Crédito Hipotecario Home mortgage loans with subsidized rates from 3.25% or super rate of 3.99% for purchases over 10,000 UF.
• Cuenta Inversiones Digital Digital investment account with $0 maintenance fee for new clients, enabling investments from $5,000 in domestic and international markets with personalized recommendations.
• Fondos Mutuos Bci Mutual funds distributed across debt and equity instruments in different countries, sectors, and currencies, with 50+ fund options managed by Bci Asset Management.
• Carteras Dinámicas Expert-managed diversified portfolios of mutual funds dynamically adjusted to market conditions and investment goals.
• Carteras Patrimoniales Heritage-focused investment portfolios designed for long-term wealth management.
• Depósitos a Plazo Time deposits offering simple, low-risk returns where customers define the deposit amount and maturity period upfront.
• Acciones y ETF Investment platform for stocks, index-replicating ETFs, and access to international market assets denominated in US dollars.
• APV (Ahorro Previsional Voluntario) Voluntary pension savings program with tax benefits allowing customers to increase future pension payments.
• BciPagos (POS Terminals) Point-of-sale terminal network enabling merchants to accept card payments with special rates and conditions for Bci clients.
• Bci Corredora de Seguros Insurance brokerage subsidiary offering auto, home, and dental insurance products to retail and SME customers.
• Seguro Automotriz Automotive insurance offered through Zurich partnership with 45% discount for 6 months plus DGO benefits for Bci customers.
• Seguro Hogar Home insurance product providing property protection for residential customers.
• Seguro Dental Dental insurance product for healthcare coverage of dental procedures.
• Bci Private Banking Wealth management service for high net worth individuals providing personalized banking, international investment platform access, and expert advisors.
• 360 Connect Corporate digital banking platform replacing the previous corporate online banking experience, providing a 360-degree view of company finances with consolidated Cash Flow management.
• Leasing Verde Green leasing product enabling companies to modernize machinery, trucks, and other assets with up to 90-month terms, 100% financing, and tax benefits.
• Factoring Bci Invoice factoring services for managing accounts receivable and providing working capital to corporate clients.
• Leasing Equipment leasing services for business asset financing of SME and corporate clients.
• Servicios Transaccionales (Cash Management) Treasury and cash management services providing efficient liquidity management for businesses.
• Finanzas Corporativas Corporate finance advisory services supporting capital structure decisions for corporate clients.
• Divisas, Coberturas y Derivados Foreign exchange, hedging, and derivatives services for financial risk coverage using FX, derivatives, and fixed income products.
• Comercio Internacional Import/export services supporting international business positioning, trade finance, and foreign trade operations.
• Seguros Empresariales Business insurance coverage for operational protection of corporate clients.
• Inversiones Empresariales Corporate investment advisory with experienced team providing optimal investment guidance for business clients.
• Bci Pyme Digital Account Digital business checking account for SMEs offering 3 months free maintenance and 100% digital contracting.
• Planes Pyme (Nace, Scaleup, Comercio) SME current account plans tailored to business stage: Nace for startups, Scaleup for growth phase, Comercio for established SMEs.
• Mesa de Dinero Pyme Money market services for SMEs covering currency exchange and financial operations.
• Fogape Government-backed SME financing loan with 100% digital contracting available to qualifying small and medium businesses.
• Bci Miami Branch Bci branch in Miami, Florida operating for over 20 years offering international financial solutions for cross-border clients.
• City National Bank of Florida North American banking subsidiary founded in 1946 with 30+ branches in Florida offering local financial solutions including checking accounts, US mortgages, and investments.
• Bci Securities Broker-dealer subsidiary in Miami providing access to investment products and services in US and global securities markets.
• Banco Bci Perú Full-service bank in Peru offering comprehensive financial solutions for companies operating in the Peruvian market.
• Bci Asset Management Asset management subsidiary managing mutual funds with recognition for risk-adjusted performance (Premios Salmón 2026).
• Bci Corredor de Bolsa Securities brokerage subsidiary providing stock trading and investment services for retail and institutional clients.
• Bci Factoring Factoring services subsidiary providing accounts receivable financing solutions.
• Bci Securitizadora Securitization services subsidiary providing structured finance and asset-backed securitization services.
• Bci Normaliza Collection and debt normalization services subsidiary for managing problem loans and recovery.

Quantifiable outcome

• Nearly 6 million customers served across all segments
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability1 record

Feature4 records

Partnerships

Four partnerships are on record, tiered core and strategic.

• City National Bank of FloridacoreOthersSubsidiary bank of Bci founded in 1946, operating with more than 30 branches in Florida. Provides local banking solutions including checking accounts, mortgages, investments, and other financial services for clients requiring US-local solutions.
• Bci SecuritiescoreOthersBroker-dealer subsidiary in Miami, Florida enabling access to investment products and services in US and global securities markets.
• Zurich InsurancestrategicChannel Partner/ Reseller/ DistributorPartnership for automotive insurance products offering 45% discount for 6 months plus DGO benefits for Bci customers.
• Visa / MastercardcoreTechnology or IntegrationPayment network partnerships enabling credit and debit card products including exclusive benefits, cashback programs, and installment options.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Banco de Chile: One of Chile's largest universal banks, directly competing with BCI in retail deposits, corporate lending, and treasury services across the same customer base and product set.
• Banco Security: Chilean private bank offering retail, corporate, and treasury services; a smaller but directly comparable universal bank competitor to BCI in the domestic market.
• BancoEstado: Chilean state-owned commercial bank with a national branch footprint competing with BCI in mass-market retail deposits, consumer credit, and SME lending.
• Banco Santander Chile: Chilean subsidiary of Banco Santander, a top-tier local bank offering comparable retail, SME, and wholesale banking products and competing head-to-head with BCI in the same segments.
• Itaú Chile: Chilean subsidiary of Itaú Unibanco providing retail, SME, and corporate banking products in direct competition with BCI across the Chilean market.
• Scotiabank Chile: Chilean operations of Bank of Nova Scotia, offering similar universal banking services (retail, commercial, wealth) to BCI's customer base with comparable international linkages.
• BICE: Chilean universal bank with a strong corporate, private banking, and asset management franchise, directly overlapping with BCI's wholesale and wealth segments.

Broad incumbents

• Itaú Unibanco: Latin America's largest private-sector bank and parent of Itaú Chile; a broad incumbent peer with overlapping retail, corporate, wealth, and asset management capabilities that compete with BCI at the regional level.

Regional players

• Banco do Brasil: Large Brazilian state-owned universal bank with comparable retail, agribusiness, and corporate banking offerings, providing a regional benchmark for BCI's Latin American universal bank model.
• Banco de Crédito del Perú (BCP): Peru's largest universal bank and a relevant peer given BCI's Banco Bci Perú operations, with a comparable product set across retail, SME, and corporate banking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bancobci
• Facebookfacebook.com/BancoBci

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments4 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bci Bank