Banco Santander-Chile is the largest bank in Chile by loans and deposits. The bank has 504 branches network. It is a subsidiary of the Santander Group. Its main competitors are Banco de Chile, Itaú Corpbanca and BCI. The bank offers a wide range of commercial and retail banking services, including loans denominated in Chilean pesos and in foreign currency to finance a wide variety of commercial transactions, commerce, forward contracts and lines of credit in foreign currency.