Banco Falabella
in Chile 🇨🇱
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About Banco Falabella in Chile
Banco Falabella is a Chilean retail bank that specializes in consumer banking and financial services. Founded in 1998, it is a subsidiary of S.A.C.I. Falabella, one of Latin America's largest retail conglomerates. The bank focuses primarily on serving individuals with a comprehensive range of credit, savings, and payment products.
As of March 2022, Banco Falabella positioned itself as the second-largest bank in Chile by number of checking account customers. The bank is strategically located in areas where Falabella department stores operate, creating a unique retail-banking ecosystem that leverages the parent company's extensive customer base and brand recognition.