Itaú Corpbanca Schedules Second Quarter 2020 Financial Results, Conference Call and Webcast

Rhea-AI Summary

Itaú Corpbanca (NYSE: ITCB) will announce its Q2 results on July 31, 2020, prior to the market opening in Santiago and New York. A conference call to discuss the results is scheduled for August 3, 2020, at 11:00 A.M. Santiago time. The call will be led by CEO Gabriel Moura and Head of Investor Relations Claudia Labbé. Interested participants must register to receive the call details. As of May 31, 2020, Itaú Corpbanca ranks as the fifth largest private bank in Chile with a 10.1% market share in customer loans, and its Colombian operations are also significant in scale.

Positive

• Itaú Corpbanca holds a 10.1% market share in Chile's customer loan portfolio as of May 31, 2020.
• The bank ranks fifth in Chile's private banking sector, indicating strong market positioning.
• Itaú Corpbanca Colombia has a 4.1% market share by loans as of April 30, 2020.

Negative

• None.

SANTIAGO, Chile, July 07, 2020 (GLOBE NEWSWIRE) -- ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) announced today that it will release its results for the second quarter ended June 30, 2020, before the market opens in Santiago and in New York on Friday, July 31, 2020.

On Monday, August 3, 2020, at 11:00 A.M. Santiago time (11:00 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 Corpbanca’s Chief Executive Officer and Claudia Labbé, Itaú Corpbanca’s Head of Investor Relations.

Conference Call Details:

Participant registration: http://www.directeventreg.com/registration/event/6775796

Upon registering, each participant will be provided with call details and a registrant ID used to track attendance on the conference call. 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.

A telephonic replay of the conference call will be available until Monday, August 10, 2020, by dialing +1(800) 585-8367 or +1 (416) 621-4642 (Encore Dial In). Access Code: 1292377#

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://event.on24.com/wcc/r/2395800/09802835D6305B0B7BE58AFAE20AC437

About Itaú Corpbanca

ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 38.14% owned by Itaú Unibanco, 28.57% owned by the Saieh Family and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Within this context and without limiting the above, Itaú Unibanco and CorpGroup have signed a shareholders’ agreement relating to corporate governance, dividend policy (based on performance and capital metrics), transfer of shares, liquidity and other matters.

The bank is the fifth largest private bank in Chile and as per its mandate is the banking platform for future expansion in Latin America, specifically in Chile, Colombia and Peru. Itaú Corpbanca is a commercial bank based in Chile with additional operations in Colombia and Panama. In addition, Itaú Corpbanca has a branch in New York and a representative office in Lima. Focused on large and medium sized companies and individuals, Itaú Corpbanca offers universal banking products. In 2012, the bank initiated a regionalization process and as of the date hereof has acquired two banks in Colombia ‒Banco Corpbanca Colombia and Helm Bank‒ becoming the first Chilean bank with banking subsidiaries abroad. The merger with Banco Itaú Chile and the business combination of our two banks in Colombia, represent the continued success of our regionalization process.

As of May 31, 2020, according to the Chilean Financial Market Commission, Itaú Corpbanca was the fifth largest private bank in Chile in terms of the overall size of its customer loan portfolio, equivalent to 10.1% market share. As of April 30, 2020, according to the Colombian Superintendency of Finance, Itaú Corpbanca Colombia was the seventh largest bank in Colombia in terms of total loans and the eighth largest bank in Colombia in terms of total deposits, as reported under local regulatory and accounting principles. As of the same date, its market share by loans reached 4.1%.

Investor Relations – Itaú Corpbanca

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

FAQ

When will Itaú Corpbanca release its Q2 2020 financial results?

Itaú Corpbanca will release its Q2 2020 financial results on July 31, 2020.

What time is the conference call for Itaú Corpbanca's Q2 results?

The conference call will be held on August 3, 2020, at 11:00 A.M. Santiago time.

Which significant market shares does Itaú Corpbanca hold?

As of May 31, 2020, Itaú Corpbanca holds a 10.1% market share in Chile and a 4.1% market share in Colombia.