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Itaú Corpbanca (NYSE: ITCB) has announced the release of its third quarter financial results for the period ending September 30, 2020, set to be published on October 30, 2020, before the market opens in Santiago and New York. A conference call will be held on November 2, 2020, at 11:00 A.M. Santiago time, featuring management to discuss the results. The bank is currently the fifth largest private bank in Chile, with a market share of 10% in customer loans as of August 31, 2020.
Itaú Corpbanca (NYSE: ITCB) announced a Material Event Notice indicating that its controlling shareholder, Itaú Unibanco, acquired 1.08% of its share capital from the Saieh Family. This transaction reflects Itaú Unibanco's increased stake, further solidifying its control over Itaú Corpbanca, which is Chile's fifth largest private bank. As of July 31, 2020, Itaú Corpbanca held a 9.9% market share in Chile's customer loan portfolio, while Itaú Corpbanca Colombia ranked eighth in Colombia with a 4.1% market share.
Itaú Corpbanca (NYSE: ITCB) released its Management Discussion & Analysis Report for Q2 2020, highlighting its position as the fifth largest private bank in Chile, holding a 10.1% market share in customer loans. The bank also ranks seventh in Colombia based on total loans, with a 4.1% market share. A conference call to discuss these results is scheduled for August 3, 2020, at 11:00 A.M. Santiago time. The bank is focusing on regional expansion in Latin America, including operations in Colombia and Panama.
Itaú Corpbanca (NYSE: ITCB) announced a conference call on July 10, 2020, at 08:30 A.M. Santiago time, to discuss the 2020 impairment test's impact on its results and capital. The call will be led by CEO Gabriel Moura and Head of Investor Relations Claudia Labbé. A second quarter financial results conference call is set for August 3, 2020. Participants can access the call via specified dial-in numbers and conference IDs. As of May 31, 2020, Itaú Corpbanca is the fifth largest private bank in Chile with a 10.1% market share in customer loans.
Itaú Corpbanca (NYSE: ITCB) announced a nonrecurring impairment loss of Ch$764,024,173,911 on goodwill and intangible assets, as disclosed in a Material Event Notice. This impairment is compliant with International Accounting Standard No. 36 and does not affect the bank's liquidity, market, or credit risk position. It also has no impact on the Common Equity Tier I capital under Basel III standards. The bank emphasizes its commitment to growth strategies in Chile and Colombia without affecting future earnings distribution.
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.
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