Xoom Announces Instant Deposit and Cash Pickup Services with El Salvador’s Banco Agricola

Xoom Corporation a leading digital money transfer provider, and Banco Agricola, the largest bank in El Salvador, have collaborated to offer instant bank deposits to all Banco Agricola accounts, as well as a cash pickup service.  These new services allow Xoom customers to instantly send money directly into any Banco Agricola account or have recipients pick up cash at more than 80 Banco Agricola locations throughout El Salvador.

Read more...

Banco Santander-Chile: Net income up 75.4% in 1Q14. ROAE reaches 23.9%

In the first quarter of 2014, Banco Santander Chile’s Net income attributable to shareholders
reached a record level for a quarter and totaled Ch$141,843 million (Ch$0.75 per share and
US$0.55/ADR), increasing 75.4% compared to 1Q13. The Bank’s ROAE reached 23.9% in 1Q14
compared to 15.0% in 1Q13.

Read more...

Chilean banks won CLP $380,422 millions during the first quarter

The consolidated results of the chilean banking system (incluiding Corpbanca's investment in Colombia) reached CLP $380,422 millions during the three first months of the year 2013, according to the information released today by the Banking and Financial Institutions' Superintendence (SBIF).

Read more...