{"history":[],"article":{"id":"41285213-8746-4ce9-ac71-f7fc72d9dec6","title":"Banco de Crédito e Inversiones","slug":"banco-de-cr-dito-e-inversiones","content":":::summary\n![Banco de Crédito e Inversiones S.A](https://upload.wikimedia.org/wikipedia/commons/5/5f/Bci///Logotype.svg)\n**Name:** Banco de Crédito e Inversiones S.A \n**Type:** [Public](https://bliptext.com/articles/public-company) \n**Traded As:** bcs: BCI \n**Foundation:** 1937 \n**Location:** [Santiago, Chile](https://bliptext.com/articles/santiago-chile) \n**Key People:** [Luis Enrique Yarur Rey](https://bliptext.com/articles/luis-enrique-yarur-rey), ([Chairman](https://bliptext.com/articles/chairman)) Lionel Olavarría Leyton, ([CEO](https://bliptext.com/articles/ceo)) \n**Industry:** [Finance and Insurance](https://bliptext.com/articles/financial-services) \n**Products:** Banking \n**Revenue:** ▲ [US$](https://bliptext.com/articles/us) 3.1 billion (2017) \n**Net Income:** [US$](https://bliptext.com/articles/us) 602.8 million (2017) \n**Assets:** ▲ [US$](https://bliptext.com/articles/us) 54.0 billion (2018) \n**Subsid:** [City National Bank of Florida](https://bliptext.com/articles/city-national-bank-of-florida) \n**Homepage:** [www.bci.cl](https://bliptext.com/articles/undefined) \n:::\n\n# \n**Banco de Crédito e Inversiones S.A.** **(BCI)** is a [Chilean](https://bliptext.com/articles/chile) bank specializing in savings & deposits, securities brokerage, asset management and insurance.\nBCI was the Latin American partner for [Bear Stearns](https://bliptext.com/articles/bear-stearns).\nBCI was formed and is still owned by the Yarur family.\n\n# History\nThe Bank was founded in 1937 by [Juan Yarur Lolas](https://bliptext.com/articles/juan-yarur-lolas) in order to support small and medium enterprises in Chile.\nHis son, [Jorge Yarur Banna](https://bliptext.com/articles/jorge-yarur-banna), served as the second president until his death in 1991.\nMeanwhile, in 1970, a branch was bombed in Santiago.\nThe current president, [Luis Enrique Yarur Rey](https://bliptext.com/articles/luis-enrique-yarur-rey), is a third-generation member of the Yarur family.\nBCI is a member of the International Confederation of Popular Banks (CIBP), international organization based in Brussels that brings together cooperative banks worldwide.\nCurrently BCI is the third largest private bank in terms of loans and the fourth bank in number of customers, behind the privates Banco Santander, Chile and Banco de Chile, and the state Banco Estado.\nIn 2013 BCI purchased [Miami](https://bliptext.com/articles/miami), Florida based [City National Bank of Florida](https://bliptext.com/articles/city-national-bank-of-florida) for $882 million from Spanish lender [Bankia](https://bliptext.com/articles/bankia).\nCity National has 26 branches in South Florida and Orlando.","current_revision":null,"created_by":"kACnuQmH5k9Nr5VNVEpVeg7XpvUmMctD","created_at":"2025-01-26T10:12:03.426Z","updated_at":"2025-01-26T10:12:03.426Z","search_vector":"'banco':1 'crédito':3 'de':2 'e':4 'inversion':5","search_content":" \n \n**Name:** Banco de Crédito e Inversiones S.A \n**Type:** [Public](https://bliptext.com/articles/public-company) \n**Traded As:** bcs: BCI \n**Foundation:** 1937 \n**Location:** [Santiago, Chile](https://bliptext.com/articles/santiago-chile) \n**Key People:** [Luis Enrique Yarur Rey](https://bliptext.com/articles/luis-enrique-yarur-rey), ([Chairman](https://bliptext.com/articles/chairman)) Lionel Olavarría Leyton, ([CEO](https://bliptext.com/articles/ceo)) \n**Industry:** [Finance and Insurance](https://bliptext.com/articles/financial-services) \n**Products:** Banking \n**Revenue:** ▲ [US$](https://bliptext.com/articles/us) 3.1 billion (2017) \n**Net Income:** [US$](https://bliptext.com/articles/us) 602.8 million (2017) \n**Assets:** ▲ [US$](https://bliptext.com/articles/us) 54.0 billion (2018) \n**Subsid:** [City National Bank of Florida](https://bliptext.com/articles/city-national-bank-of-florida) \n**Homepage:** [www.bci.cl](https://bliptext.com/articles/undefined) \n \n\n# \n**Banco de Crédito e Inversiones S.A.** **(BCI)** is a [Chilean](https://bliptext.com/articles/chile) bank specializing in savings & deposits, securities brokerage, asset management and insurance.\nBCI was the Latin American partner for [Bear Stearns](https://bliptext.com/articles/bear-stearns).\nBCI was formed and is still owned by the Yarur family.\n\n# History\nThe Bank was founded in 1937 by [Juan Yarur Lolas](https://bliptext.com/articles/juan-yarur-lolas) in order to support small and medium enterprises in Chile.\nHis son, [Jorge Yarur Banna](https://bliptext.com/articles/jorge-yarur-banna), served as the second president until his death in 1991.\nMeanwhile, in 1970, a branch was bombed in Santiago.\nThe current president, [Luis Enrique Yarur Rey](https://bliptext.com/articles/luis-enrique-yarur-rey), is a third-generation member of the Yarur family.\nBCI is a member of the International Confederation of Popular Banks (CIBP), international organization based in Brussels that brings together cooperative banks worldwide.\nCurrently BCI is the third largest private bank in terms of loans and the fourth bank in number of customers, behind the privates Banco Santander, Chile and Banco de Chile, and the state Banco Estado.\nIn 2013 BCI purchased [Miami](https://bliptext.com/articles/miami), Florida based [City National Bank of Florida](https://bliptext.com/articles/city-national-bank-of-florida) for $882 million from Spanish lender [Bankia](https://bliptext.com/articles/bankia).\nCity National has 26 branches in South Florida and Orlando.","revisionCount":0},"hasMore":false,"nextCursor":null}