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Banco De Crédito E Inversiones
Banco de Crédito e Inversiones (BCI) is a Chilean bank specializing in savings & deposits, securities brokerage, asset management and insurance. BCI was the Latin American partner for Bear Stearns. BCI was formed and is still owned by the Yarur family. History The Bank was founded in 1937 by Juan Yarur Lolas in order to support small and medium enterprises in Chile. His son, Jorge Yarur Banna, served as the second president until his death in 1991. Meanwhile, in 1970, a branch was bombed in Santiago. The current president, Luis Enrique Yarur Rey, is a third-generation member of the Yarur family. BCI is a member of the International Confederation of Popular Banks (CIBP), international organization based in Brussels that brings together cooperative banks worldwide. Currently 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. In 2013 BCI pu ...
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Santiago, Chile
Santiago (, ; ), also known as Santiago de Chile, is the capital and largest city of Chile as well as one of the largest cities in the Americas. It is the center of Chile's most densely populated region, the Santiago Metropolitan Region, whose total population is 8 million which is nearly 40% of the country's population, of which more than 6 million live in the city's continuous urban area. The city is entirely in the country's central valley. Most of the city lies between above mean sea level. Founded in 1541 by the Spanish conquistador Pedro de Valdivia, Santiago has been the capital city of Chile since colonial times. The city has a downtown core of 19th-century neoclassical architecture and winding side-streets, dotted by art deco, neo-gothic, and other styles. Santiago's cityscape is shaped by several stand-alone hills and the fast-flowing Mapocho River, lined by parks such as Parque Forestal and Balmaceda Park. The Andes Mountains can be seen from most point ...
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Cairn
A cairn is a man-made pile (or stack) of stones raised for a purpose, usually as a marker or as a burial mound. The word ''cairn'' comes from the gd, càrn (plural ). Cairns have been and are used for a broad variety of purposes. In prehistoric times, they were raised as markers, as memorials and as burial monuments (some of which contained chambers). In modern times, cairns are often raised as landmarks, especially to mark the summits of mountains. Cairns are also used as trail markers. They vary in size from small stone markers to entire artificial hills, and in complexity from loose conical rock piles to elaborate megalithic structures. Cairns may be painted or otherwise decorated, whether for increased visibility or for religious reasons. A variant is the inuksuk (plural inuksuit), used by the Inuit and other peoples of the Arctic region of North America. History Europe The building of cairns for various purposes goes back into prehistory in Eurasia, ranging in ...
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Yarur Family
Yarur is a surname. Notable people with the surname include: * Juan Jorge Giha Yarur (born 1955), Chilean-born Peruvian sports shooter * Jorge Yarur Banna (1918-1991), Chilean banker * Juan Yarur Lolas (1894-1954), Chilean banker * Luis Enrique Yarur Rey (born 1951), Chilean banker See also * Yarur Palace, historic castle in Chile {{surname ...
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Chilean Companies Established In 1937
Chilean may refer to: * Something of, from, or related to Chile, a country in South America * Chilean people * Chilean Spanish * Chilean culture * Chilean cuisine * Chilean Americans See also *List of Chileans This is a list of Chileans who are famous or notable. Economists * Ricardo J. Caballero – MIT professor, Department of Economics * Sebastián Edwards – UCLA professor, former World Bank officer (1993–1996), prolific author and media per ... * {{disambig Language and nationality disambiguation pages ...
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Banks Established In 1937
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Banks Of Chile
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Bankia
Bankia () was a Spanish financial services company that was formed in December 2010, consolidating the operations of seven regional savings banks, and was partially nationalized by the government of Spain in May 2012 due to the near collapse of the institution. As of 2017, Bankia was the fourth largest bank in Spain with total assets of €179.1 billion. In 2021, the bank merged with CaixaBank to create a new entity but preserving the name of the latter. History Formation and IPO Bankia was formed on 3 December 2010, as a result of the union of seven Spanish savings banks that had a major presence in their historical core regions. The merger of the seven banks, known as 'cold fusion', took only four months, with the integration contract being signed on 30 July 2010. Caja Madrid, which was itself owned by the government of the Community of Madrid, held controlling interest. The distribution of shares was as follows: * 52.06% Caja Madrid * 37.70% Bancaja * 2.45% La Caja de ...
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Miami
Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a coastal metropolis and the county seat of Miami-Dade County in South Florida, United States. With a population of 442,241 at the 2020 census, it is the second-most populous city in Florida and the eleventh-most populous city in the Southeastern United States. The Miami metropolitan area is the ninth largest in the U.S. with a population of 6.138 million in 2020. The city has the third-largest skyline in the U.S. with over 300 high-rises, 58 of which exceed . Miami is a major center and leader in finance, commerce, culture, arts, and international trade. Miami's metropolitan area is by far the largest urban economy in Florida and the 12th largest in the U.S., with a GDP of $344.9 billion as of 2017. According to a 2018 UBS study of 77 world cities, Miami is the second richest city in the U.S. and third richest globally in purchasing power. Miami ...
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Newspapers
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th ...
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Luis Enrique Yarur Rey
Luis Enrique Yarur Rey (born c. 1951) is a Chilean heir and banker. He serves as the chairman of Banco de Crédito e Inversiones. He is the vice chairman of the Chilean Banking Association. As of December 2016, he is worth an estimated US$1.34 billion according to ''Forbes''. References Living people 1950s births People from Santiago University of Navarra alumni Chilean bankers Chilean people of Palestinian descent Chilean billionaires Luis Enrique Luis Enrique Martínez García (; born 8 May 1970), known as Luis Enrique, is a Spanish football manager and former player. A versatile player with good technique, he was capable of playing in several different positions, but usually played as ...
{{Chile-bio-stub ...
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Jorge Yarur Banna
Jorge Yarur Banna (December 24, 1918 - October 17, 1991) was a Chilean banker. He served as the president of Banco de Crédito e Inversiones, a bank founded by his father, until 1991. References 1918 births 1991 deaths Chilean bankers Jorge Jorge is a Spanish and Portuguese given name. It is derived from the Greek name Γεώργιος (''Georgios'') via Latin ''Georgius''; the former is derived from (''georgos''), meaning "farmer" or "earth-worker". The Latin form ''Georgius'' ... Peruvian emigrants to Chile {{Chile-bio-stub ...
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Juan Yarur Lolas
Juan Yarur Lolas (January 8, 1894 - August 21, 1954) was a Palestinian-Chilean banker. Biography Lolas emigrated from Palestine with his younger brother Nicolas in 1902 and set out for Latin America, where they already had relatives in Chile and Bolivia. After working as peddlers for a few years, the two eventually set up a small textile plant in La Paz in 1929. They were invited by President Arturo Alessandri in the mid-1930s to set up larger operations in Santiago, even offering generous incentives that included no custom duties on imported machine tools, low tariffs for imported supplies, and a loan exceeding $1 million USD from the country's largest bank. The brothers accepted it and founded a cotton manufacturing company in 1936. By 1948, this plant was employing more than 3,000 workers and was producing around 60% of the country’s cotton fabric, making it the largest textile plant in Latin America at that time. Earlier in 1937, Yarur also co-founded Banco de Crédito ...
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