On record
This profile is no longer actively maintained, with the information now possibly out of dateOn record
This profile is no longer actively maintained, with the information now possibly out of dateWebsite | http://www.corpbanca.cl |
Headquarters |
660 Rosario Norte Las Condes
Santiago
Chile
|
CEO/chair |
Milton Maluhy CEO |
Supervisor | |
Ownership |
listed on IPSA & NYSE
Publicly listed, for an overview of its main shareholders go here. |
Founded in 1871 as Banco de Concepción, CorpBanca is the oldest existing bank in Chile. The bank's main focus was on the local market before. Now, CorpBanca has shifted it's focus to the international market. The Bank was listed on the New York Stock Exchange for the first time on November 1, 2004.
In April 2016, CorpBanca has merged with Banco Itaú Chile, leading to the Itaú Corpbanca. This merged bank has become the fourth largest private bank by loans in Chile. Itaú Unibanco Holdings is now the controlling shareholder of Itaú CorpBanca (33.58%).
For an overview of the investment policies of CorpBanca go here.
Itaú Corpbanca is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Itaú Corpbanca's link to these deals.
This page evaluates Itaú Corpbanca's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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