FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
Commission File Number: 001-14554
| Banco Santander Chile |
| Santander Chile Bank |
| (Translation of Registrant’s Name into English) |
| Bandera 140 |
| Santiago, Chile |
| (Address of principal executive office) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F | x | Form 40-F | ¨ |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
| Yes | ¨ | No | x |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
| Yes | ¨ | No | x |
Indicate by check mark whether by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
| Yes | ¨ | No | x |
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
IMPORTANT NOTICE
The unaudited financial information has been prepared in accordance with the Compendium of Accounting Standards issued by the Superintendency of Banks and Financial Institutions (SBIF) of Chile. The accounting principles issued by the SBIF are substantially similar to IFRS, but there are some exceptions. The SBIF is the banking industry regulator that according to article 15 of the General Banking Law, establishes the accounting principles to be used by the banking industry. For those principles not covered by the Compendium of Accounting Standards, banks can use generally accepted accounting principles issued by the Chilean Accountant’s Association AG and which coincides with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB). In the event that discrepancies exist between the accounting principles issued by the SBIF (Compendium of Accounting Standards) and IFRS, the Compendium of Accounting Standards will take precedence.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| BANCO SANTANDER-CHILE | |||
| By: | /s/ Cristian Florence | ||
| Name: | Cristian Florence | ||
| Title: | General Counsel | ||
Date: August 9, 2017
Exhibit 99.1
BANCO SANTANDER CHILE AND SUBSIDIARIES
CONSOLIDATED FINANCIAL INFORMATION
As of July 31, 2017
The principal balances and results accumulated for the period ending July 2017 (Amounts in millions of Chilean pesos).
SUMMARIZED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
| Principal assets | Ch$ million | |||
| Cash and deposits in banks | 1,357,853 | |||
| Interbank loans, net | 346,008 | |||
| Loans and accounts receivables from customers, net | 26,267,525 | |||
| Total investments | 2,641,140 | |||
| Financial derivative contracts | 2,183,734 | |||
| Other asset items | 2,208,724 | |||
| Total assets | 35,004,984 | |||
| Principal liabilities | Ch$ million | |||
| Deposits and other demand liabilities | 7,127,797 | |||
| Time deposits and other time liabilities | 12,221,723 | |||
| Financial derivative contracts | 1,996,570 | |||
| Issued debt instruments | 7,077,157 | |||
| Other liabilities items | 3,644,531 | |||
| Total equity | 2,937,206 | |||
| Total liabilities | 35,004,984 | |||
| Equity attributable to: | ||||
| Equity holders of the Bank | 2,906,991 | |||
| Non-controlling interest | 30,215 | |||
SUMMARIZED CONSOLIDATED STATEMENTS OF INCOME FOR THE PERIOD
| Operational results | Ch$ million | |||
| Net interest income | 761,355 | |||
| Net fee and commission income | 167,060 | |||
| Result from financial operations | 97,588 | |||
| Total operating income | 1,026,003 | |||
| Provision for loan losses | (175,776 | ) | ||
| Support expenses | (401,936 | ) | ||
| Other results | (29,207 | ) | ||
| Income before tax | 419,084 | |||
| Income tax expense | (81,325 | ) | ||
| Net income for the period | 337,759 | |||
| Attributable to: | ||||
| Equity holders of the Bank | 336,695 | |||
| Non-controlling interest | 1,064 | |||
| FELIPE CONTRERAS FAJARDO | CLAUDIO MELANDRI HINOJOSA |
| Chief Accounting Officer | Chief Executive Officer |
BANCO SANTANDER CHILE Y AFILIADAS
INFORMACIÓN FINANCIERA CONSOLIDADA
Al 31 de julio de 2017
A continuación se presentan los principals saldos de balance y principals resultados acumulados por el periodo de cierre de mes de Julio de 2017 (cifras en millones de pesos).
ESTADO DE SITUACIÓN FINANCIERA CONSOLIDADO RESUMIDO
| Principales rubros del activo | MM$ | |||
| Efectivo y depósitos en bancos | 1.357.853 | |||
| Adeudado por Bancos | 346.008 | |||
| Créditos a Clientes Totales | 26.267.525 | |||
| Inversiones Totales | 2.641.140 | |||
| Contratos de derivados financieros | 2.183.734 | |||
| Otros rubros del activo | 2.208.724 | |||
| Total Activos | 35.004.984 | |||
| Principales rubros del pasivo | MM$ | |||
| Depósitos y otras obligaciones a la vista | 7.127.797 | |||
| Depósitos y otras captaciones a plazo | 12.221.723 | |||
| Contratos de derivados financieros | 1.996.570 | |||
| Instrumentos de deuda emitidos | 7.077.157 | |||
| Otros rubros del Pasivo | 3.644.531 | |||
| Total Patrimonio | 2.937.206 | |||
| Total Pasivos | 35.004.984 | |||
| Patrimonio atribuible a: | ||||
| Tenenedores patrimoniales del Banco | 2.906.991 | |||
| Interés no controlador | 30.215 | |||
ESTADO DE RESULTADOS CONSOLIDADO DEL PERIODO RESUMIDO
| Resultados operacionales | MM$ | |||
| Ingreso neto por intereses y reajustes | 761.355 | |||
| Ingreso neto de comisiones | 167.060 | |||
| Resultado de operaciones financieras | 97.588 | |||
| Total Ingresos operacionales | 1.026.003 | |||
| Provisiones por riesgo de crédito | (175.776 | ) | ||
| Gastos de apoyo | (401.936 | ) | ||
| Otros resultados | (29.207 | ) | ||
| Resultado antes de impuesto | 419.084 | |||
| Impuesto a la renta | (81.325 | ) | ||
| Utilidad consolidada del periodo | 337.759 | |||
| Resultado atribuible a: | ||||
| Tenenedores patrimoniales del Banco | 336.695 | |||
| Interés no controlador | 1.064 | |||
| FELIPE CONTRERAS FAJARDO | CLAUDIO MELAIMDRI HINOJOSA |
| Gerente de Contabilidad | Gerente General |
IMPORTANT NOTICE
The unaudited financial information has been prepared in accordance with the Compendium of Accounting Standards issued by the Superintendency of Banks and Financial Institutions (SBIF) of Chile. The accounting principles issued by the SBIF are substantially similar to IFRS, but there are some exceptions. The SBIF is the banking industry regulator that according to article 15 of the General Banking Law, establishes the accounting principles to be used by the banking industry. For those principles not covered by the Compendium of Accounting Standards, banks can use generally accepted accounting principles issued by the Chilean Accountant's Association AG and which coincides with International Financial Reporting Standards (IFRS) issued by the International Accounting Standards Board (IASB). In the event that discrepancies exist between the accounting principles issued by the SBIF (Compendium of Accounting Standards) and IFRS, the Compendium of Accounting Standards will take precedence.
