6-K 1 s113253_6k.htm 6-K

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

BANCO SANTANDER-CHILE AND SUBSIDIARIES

CONSOLIDATED FINANCIAL INFORMATION

As of August 31, 2018

The principal balances and results accumulated for the period ending august 2018 (Amounts in millions of Chilean pesos).

SUMMARIZED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

Principal assets |  | Ch$ million |
Cash and deposits in banks |  |  | 1,790,216 |
Interbank loans, net |  |  | 16,081 |
Loans and accounts receivables from customers, net |  |  | 29,041,070 |
Total investments |  |  | 2,700,237 |
Financial derivative contracts |  |  | 2,653,546 |
Other asset items |  |  | 2,179,202 |
Total assets |  |  | 38,380,352 |

Principal liabilities |  | Ch$ million |
Deposits and other demand liabilities |  |  | 8,127,537 |
Time deposits and other time liabilities |  |  | 13,128,694 |
Financial derivative contracts |  |  | 2,406,904 |
Issued debt instruments |  |  | 8,138,882 |
Other liabilities items |  |  | 3,472,831 |
Total equity |  |  | 3,105,504 |
Total liabilities |  |  | 38,380,352 |
Equity attributable to: |  |  |  |
Equity holders of the Bank |  |  | 3,061,950 |
Non-controlling interest |  |  | 43,554 |

SUMMARIZED CONSOLIDATED STATEMENTS OF INCOME FOR THE PERIOD

Operational results |  | Ch$ million |
Net interest income |  |  | 940,331 |
Net fee and commission income |  |  | 199,568 |
Result from financial operations |  |  | 64,482 |
Total operating income |  |  | 1,204,381 |
Provision for loan losses |  |  | (209,413 | )
Support expenses |  |  | (478,495 | )
Other results |  |  | 6,019 |
Income before tax |  |  | 522,492 |
Income tax expense |  |  | (116,043 | )
Net income for the period |  |  | 406,449 |
Attributable to: |  |  |  |
Equity holders of the Bank |  |  | 404,731 |
Non-controlling interest |  |  | 1,718 |

FELIPE CONTRERAS FAJARDO | MIGUEL MATA HUERTA
Chief Accounting Officer | Chief Executive Officer

BANCO SANTANDER-CHILE Y AFILIADAS

INFORMACIÓN FINANCIERA CONSOLIDADA

Al 31 de agosto de 2018

A continuación se presentan los principales saldos de balance y resultados acumulados por el periodo de cierre de mes de agosto de 2018 (cifras en millones de pesos).

ESTADO DE SITUACIÓN FINANCIERA CONSOLIDADO RESUMIDO

Principales rubros del activo |  | MM$ |
Efectivo y depósitos en bancos |  |  | 1.790.216 |
Adeudado por bancos |  |  | 16.081 |
Créditos a clientes totales |  |  | 29.041.070 |
Inversiones totales |  |  | 2.700.237 |
Contratos de derivados financieros |  |  | 2.653.546 |
Otros rubros del activo |  |  | 2.179.202 |
Total Activos |  |  | 38.380.352 |

Principales rubros del pasivo |  | MM$ |
Depósitos y otras obligaciones a la vista |  |  | 8.127.537 |
Depósitos y otras captaciones a plazo |  |  | 13.128.694 |
Contratos de derivados financieros |  |  | 2.406.904 |
Instrumentos de deuda emitidos |  |  | 8.138.882 |
Otros rubros del pasivo |  |  | 3.472.831 |
Total patrimonio |  |  | 3.105.504 |
Total Pasivos |  |  | 38.380.352 |
Patrimonio atribuible a: |  |  |  |
Tenedores patrimoniales del Banco |  |  | 3.061.950 |
Interés no controlador |  |  | 43.554 |

ESTADO DE RESULTADOS CONSOLIDADO DEL PERIODO RESUMIDO

Resultados operacionales |  | MM$ |
Ingreso neto por intereses y reajustes |  |  | 940.331 |
Ingreso neto de comisiones |  |  | 199.568 |
Resultado de operaciones financieras |  |  | 64.482 |
Total ingresos operacionales |  |  | 1.204.381 |
Provisiones por riesgo de crédito |  |  | (209.413 | )
Gastos de apoyo |  |  | (478.495 | )
Otros resultados |  |  | 6.019 |
Resultado antes de impuesto |  |  | 522.492 |
Impuesto a la renta |  |  | (116.043 | )
Utilidad consolidada del periodo |  |  | 406.449 |
Resultado atribuible a: |  |  |  |
Tenedores patrimoniales del Banco |  |  | 404.731 |
Interés no controlador |  |  | 1.718 |

FELIPE CONTRERAS FAJARDO | MIGUEL MATA HUERTA
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.

#contribuir al progreso de las personas y las empresas.

BANCO SANTANDER-CHILE AND SUBSIDIARIES

CONSOLIDATED FINANCIAL INFORMATION

As of September 30, 2018

The principal balances and results accumulated for the period ending september 2018 (Amounts in millions of Chilean pesos).

SUMMARIZED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION

Principal assets |  | Ch$ million |
Cash and deposits in banks |  |  | 1,780,079 |
Interbank loans, net |  |  | 14,307 |
Loans and accounts receivables from customers, net |  |  | 29,153,327 |
Total investments |  |  | 2,887,636 |
Financial derivative contracts |  |  | 2,230,448 |
Other asset items |  |  | 1,959,859 |
Total assets |  |  | 38,025,656 |

Principal liabilities |  | Ch$ million |
Deposits and other demand liabilities |  |  | 7,984,243 |
Time deposits and other time liabilities |  |  | 12,777,365 |
Financial derivative contracts |  |  | 2,086,532 |
Issued debt instruments |  |  | 8,186,718 |
Other liabilities items |  |  | 3,861,317 |
Total equity |  |  | 3,129,481 |
Total liabilities |  |  | 38,025,656 |
Equity attributable to: |  |  |  |
Equity holders of the Bank |  |  | 3,085,775 |
Non-controlling interest |  |  | 43,706 |

SUMMARIZED CONSOLIDATED STATEMENTS OF INCOME FOR THE PERIOD

Operational results |  | Ch$ million |
Net interest income |  |  | 1,056,767 |
Net fee and commission income |  |  | 223,447 |
Result from financial operations |  |  | 69,312 |
Total operating income |  |  | 1,349,526 |
Provision for loan losses |  |  | (251,802 | )
Support expenses |  |  | (538,510 | )
Other results |  |  | 1,675 |
Income before tax |  |  | 560,889 |
Income tax expense |  |  | (123,761 | )
Net income for the period |  |  | 437,128 |
Attributable to: |  |  |  |
Equity holders of the Bank |  |  | 435,258 |
Non-controlling interest |  |  | 1,870 |

FELIPE CONTRERAS FAJARDO | MIGUEL MATA HUERTA
Chief Accounting Officer | Chief Executive Officer

BANCO SANTANDER-CHILE Y AFILIADAS

INFORMACIÓN FINANCIERA CONSOLIDADA

Al 30 de septiembre de 2018

A continuación se presentan los principales saldos de balance y resultados acumulados por el periodo de cierre de mes de septiembre de 2018 (cifras en millones de pesos).

ESTADO DE SITUACIÓN FINANCIERA CONSOLIDADO RESUMIDO

Principales rubros del activo |  | MM$ |
Efectivo y depósitos en bancos |  |  | 1.780.079 |
Adeudado por bancos |  |  | 14.307 |
Créditos a clientes totales |  |  | 29.153.327 |
Inversiones totales |  |  | 2.887.636 |
Contratos de derivados financieros |  |  | 2.230.448 |
Otros rubros del activo |  |  | 1.959.859 |
Total Activos |  |  | 38.025.656 |

Principales rubros del pasivo |  | MM$ |
Depósitos y otras obligaciones a la vista |  |  | 7.984.243 |
Depósitos y otras captaciones a plazo |  |  | 12.777.365 |
Contratos de derivados financieros |  |  | 2.086.532 |
Instrumentos de deuda emitidos |  |  | 8.186.718 |
Otros rubros del pasivo |  |  | 3.861.317 |
Total patrimonio |  |  | 3.129.481 |
Total Pasivos |  |  | 38.025.656 |
Patrimonio atribuible a: |  |  |  |
Tenedores patrimoniales del Banco |  |  | 3.085.775 |
Interés no controlador |  |  | 43.706 |

ESTADO DE RESULTADOS CONSOLIDADO DEL PERIODO RESUMIDO

Resultados operacionales |  | MM$ |
Ingreso neto por intereses y reajustes |  |  | 1.056.767 |
Ingreso neto de comisiones |  |  | 223.447 |
Resultado de operaciones financieras |  |  | 69.312 |
Total ingresos operacionales |  |  | 1.349.526 |
Provisiones por riesgo de crédito |  |  | (251.802 | )
Gastos de apoyo |  |  | (538.510 | )
Otros resultados |  |  | 1.675 |
Resultado antes de impuesto |  |  | 560.889 |
Impuesto a la renta |  |  | (123.761 | )
Utilidad consolidada del periodo |  |  | 437.128 |
Resultado atribuible a: |  |  |  |
Tenedores patrimoniales del Banco |  |  | 435.258 |
Interés no controlador |  |  | 1.870 |

FELIPE CONTRERAS FAJARDO | MIGUEL MATA HUERTA
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.

#contribuir al progreso de las personas y las empresas.

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: October 11, 2018