Banco Santander-Chile (NYSE:BSAC) Q2 2022 Earnings Conference Call July 29, 2022 11:00 AM ET

Company Participants

Emiliano Muratore - CFO

Claudio Soto - Chief Economist

Robert Moreno - Managing Director and Head of IR

Conference Call Participants

Jason Mollin - Scotiabank

Tito Labarta - Goldman Sachs

Yuri Fernandes - JPMorgan

Ernesto Gabilondo - Bank of America

Alonso Garcia - Credit Suisse

Neha Agarwala - HSBC

Operator

Ladies and gentlemen, thank you for standing by, and I would like to welcome you to Banco Santander-Chile Results Conference Call on the 29th of July 2022. [Operator Instructions] The format of today's call will be a presentation by the management team followed by a question-and-answer session.

So without further ado, I would now like to pass the line to Mr. Emiliano Muratore, the CFO of the Company. Please go ahead, sir.

Emiliano Muratore

Good morning, everyone. Welcome to Banco Santander-Chile's second quarter 2020 results webcast and conference call. This is Emiliano Muratore, CFO, and I'm joined today by Robert Moreno, Managing Director and Head of Investor Relations; and Claudio Soto, Chief Economist. Thank you for attending today's conference call. The bank has continued with strong results in the second quarter of this year with all-time highest ROE and solid financial performance. Our successful digital strategy and consumer-oriented product offerings continues to attract new clients, indicating great growth opportunity going forward.

Before we start the presentation, let me start with some important news. Santander-Chile's results in recent years have consolidated its leading position in the Chilean market, not only in terms of loans, profitability and efficiency, but in client growth and digital innovations. This performance has been achieved with the contribution of all the teams under the leadership of Claudio Melandri and Miguel Mata. Leadership in the corporate world has always been dynamic and changes are the norm. After more than 30 years working for the bank, our current CEO, Miguel Mata, will be leaving this position to take new challenges, and he will continue to contribute to the group.

Claudio Melandri will remain as Chairman of the Board in Chile. On August 1, Roman Blanco will take over as Country Head and CEO of the bank. Roman has 18 years of experience in the group, which he joined in 2004 as Vice President of Banco Santander Banespa, in Sao Paulo, Brazil, where he was assigned the task of strengthening the group's presence in this market. In 2007, he was appointed as President and CEO of Santander in Colombia, whose strategy led to significant value creation for Santander in that country.