Olavo Arthuzo's questions to Banco Santander-Chile (BSAC) leadership • Q1 2024
Question
Olavo Arthuzo of UBS inquired about the expected recovery path for the bank's main business units—Retail, CIB, and Middle Market—and asked which segment would be the most significant contributor to the anticipated ROE rebound.
Answer
CFO Emiliano Muratore responded that Q1 faced a tough comparison to the prior year and was impacted by regulatory effects like interchange fees. He expressed confidence in achieving high single-digit growth across all segments, driven by favorable macroeconomic conditions such as improved employment and GDP growth, which will benefit both consumer and corporate lending.