Banco de Chile announced that in the Ordinary Meeting No. BCH 2,853 held on January 26, 2017, the Board of Directors of Banco de Chile resolved to call an Ordinary Shareholders Meeting to be held on March 23, 2017, with the objective of proposing, among other matters, the distribution of the dividend number 205 of $2.92173783704 per each of the 97,624,347,430 shares, which will be payable at the expense of the distributable net income obtained during the fiscal year ending on December 31, 2016, corresponding to the 60% of such income.
Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank's segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.