UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 6-K

REPORT OF FOREIGN ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of October 2023

(Commission File No. 001-32305)


BANCO ITAÚ CHILE

(Translation of registrant’s name into English)


Av. Presidente Riesco 5537

Las Condes

Santiago, Chile

(Address of registrant’s principal executive office)


Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F

  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

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

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes

  No


On October 10, 2023, Banco Itaú Chile issued a press release announcing that it will release its results for the third quarter ended September 30, 2023, before the market opens in Santiago and in New York on Tuesday, October 31, 2023, and inviting investors to join a conference call regarding the results on Monday, November 6, 2023. The press release is attached hereto as Exhibit 99.1.

On October 11, 2023, Banco Itaú Chile published on its website its results as of and for the nine-month periods ended September 30, 2023 and 2022, which are attached hereto as Exhibit 99.2. On the same date, Banco Itaú Chile filed a Material Event Notice with the Chilean Commission for the Financial Market. The material event notice is attached hereto as Exhibit 99.3.

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EXHIBIT INDEX


SIGNATURES

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, thereto duly authorized.

 

BANCO ITAÚ CHILE

 

(Registrant)

 

 

 

 

 

By:

/s/ Cristián Toro Cañas

 

Name:

Cristián Toro Cañas

 

Title:

General Counsel

Date: October 12, 2023.


Exhibit 99.1

Banco Itaú Chile Schedules Third Quarter 2023 Financial Results, Conference Call and Webcast

SANTIAGO, Chile, October 10, 2023 (GLOBE NEWSWIRE) – BANCO ITAÚ CHILE (NYSE: ITCL; SSE: ITAUCL) announced today that it will release its results for the third quarter ended September 30, 2023, before the market opens in Santiago and in New York on Tuesday, October 31, 2023.

On Monday, November 6, 2023, at 11:00 A.M. Santiago time (9:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Chile’s Chief Executive Officer; Rodrigo Couto, Itaú Chile’s Chief Financial Officer and Claudia Labbé Montevecchi, Head of IR and Chief Sustainability Officer.

Conference Call Details:

Online registration: https://conferencingportals.com/event/jqrSevdF

Phone registration: +1 (800) 770-2030 or +1 (647) 362-9199

International Dial-ins: https://events.q4irportal.com/custom/access/2324/

Upon registering, each participant will be provided with call details and a registrant ID used to track attendance on the conference call (Access Code: 61362#). Reminders will also be sent to registered participants via email. Please provide this registration information to those participants that you would like to attend your conference call.

Telephone and Virtual Q&A session:

Telephone Q&A session will be available as well as written Q&A through a box on the console, where attendees can type in their questions. We will read and answer selected questions verbally.

Slides and Audio Webcast:

There will also be a live, and then archived, webcast of the conference call, available through the Company’s website. Participants in the live webcast should register on the website approximately 10 minutes prior to the start of the webcast. The webcast can be found at:

https://events.q4inc.com/attendee/151873484

Webcast will be available on-demand via the same address as the live event afterwards.

Investor Relations – Itaú Chile

+56 (2) 2660-1701 / IR@itau.cl / ir.itau.cl


Exhibit 99.2

 

Graphic

 

 

Banco Itaú Chile and subsidiaries
As of and for the nine-month periods ended September 30, 2023 and 2022

 

 

The financial information of Banco Itaú Chile as of and for the nine-month periods ended September 30, 2023 and 2022 has been published on our website in accordance with Circular No 18 of the Chilean Commission for the Financial Market (or "CMF") dated September 1st, 2008. The unaudited financial information included herein has been prepared in accordance with the Compendium of Accounting Standards issued by CMF pursuant to Chilean Generally Accepted Accounting Principles (Chilean GAAP), which conform with the international standards of accounting and financial reporting issued by the International Accounting Standards Board (IASB) to the extent that there are not specific instructions or regulations to the contrary issued by the CMF.

Commencing on January 1, 2022, we have implemented the regulatory changes put in place by the new accounting standards compendium issued by the CMF.

 

 

 

 

CONDENSED CONSOLIDATED BALANCE SHEET

 

 

In Ch$ million

 

 

 

Sep'23

Sep'22

 

 

Total loans

27,513,377

27,420,285

 

 

Total assets

 

 

 

42,262,634

42,171,663

 

 

 

 

 

 

Deposits and other demand liabilities

5,541,711

6,375,900

 

 

Time deposits and other time liabilities

13,410,035

12,123,989

 

 

Interbank borrowings

5,138,259

5,483,420

 

 

Debt and regulatory capital instruments issued

8,061,290

7,458,468

 

 

 

 

 

 

Equity

 

 

 

3,630,746

3,313,724

 

 

Total equity attributable to equity holders of the Bank

3,627,397

3,310,658

 

 

Non-controlling interest

3,349

3,066

 

 

 

 

YTD CONSOLIDATED INCOME STATEMENT

With reclassification of financial hedges1

 

 

 

 

In Ch$ million

9M'23

9M'22

9M'23

9M'22

 

 

Net operating profit before provision for loan losses 2

1,123,833

1,181,132

1,088,133

1,071,391

 

 

Loan losses expenses 3

(247,275)

(210,300)

(247,275)

(210,300)

 

 

Total operating expenses 4

(540,321)

(538,624)

(540,321)

(538,624)

 

 

Operating income

336,237

432,208

300,537

322,467

 

 

Income from investments in companies

3,451

3,083

3,451

3,083

 

 

Operating income before income taxes

339,688

435,291

303,988

325,550

 

 

Income taxes

(58,293)

(80,785)

(22,593)

28,956

 

 

Consolidated income for the period

281,395

354,506

281,395

354,506

 

 

 

 

 

 

 

 

Net income attributable to holders of the Bank

281,375

354,467

281,375

354,467

 

 

Non-controlling interest

20

39

20

39

 

 

1- Includes the reclassification of foreign exchange gain or loss generated by hedge positions that neutralize the impacts of exchange rate variation on the

fiscal value of our investments abroad.

2- Net operating profit before provision for loan losses includes $60,725 million corresponding to the up-front payment received for the granting of the right to

exclusive access to Cardif to the bank's distribution channels, the implementation of which was completed in April 2023.

3- Includes $8,100 million of additional provisions established during the nine-month period ended September 30, 2023 ($41,668 million established during the

nine-month period ended September 30, 2022).

4- Includes $3,701 million of restructuring provision ‒ associated to non-recurring expenses related to the operational and digital transformation in Chile.

Established in April 2023 (Includes $8,351 million of restructuring provision ‒ associated to non-recurring expenses related to the operational and digital

transformation in Colombia established in May 2022).

 

 

 

 

 

 

This financial information shall be considered provisional until the official figures are published by the Commission for the Financial Market.

 

 

 

 

 

 

Roxana Zamorano

Gabriel Moura

 

 

Chief Accounting Officer

Chief Executive Officer

 

 

 

 

 

 

 

 

 


Graphic

Exhibit 99.3

Santiago, October 11th, 2023.

GG. – 273/ 2023

Mrs.

Solange Berstein Jáuregui

Chairperson

Commission for the Financial Market

Present

Ref.: Material Event Notice.

Dear Mrs. Berstein,

In accordance with the provisions set forth in articles 9 and 10 of Law 18,045 on Securities Markets, and Chapter 18-10 of the Compendium of Banking Regulations (“RAN”) of the Chilean Commission for the Financial Market (“CMF”), we inform as a Material Event that the CMF has applied a fine to Banco Itaú Chile (the “Bank”)  pursuant to the Exempt Resolution N° 7,400 issued on October 5th, 2023, in the amount of 1,800 Unidades de Fomento (US$70,668.9 approximately), as a consequence of certain inaccuracies in the information provided to the Register of Debtors in accordance with Section 14thof the Chilean General Banking Act and Chapter 18-5 of the RAN.

Sincerely,

Gabriel Moura

Chief Executive Officer

Banco Itaú Chile



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