EX-99.1 2 dex991.htm PRESS RELEASE Press Release

Exhibit 99.1

CORPBANCA AND SUBSIDIARIES

As of September 30, 2008

The following interim financial information of CorpBanca as of September 30, 2008 has been published on our website in accordance with circular No. 18 of the Superintendency of Banks and Financial Institutions dated September 1, 2008.

 

Consolidated Balance Sheet Accounts (unaudited)  
     MCh$  

Total loans

   4,579,762  

Total assets

   5,484,001  

Current accounts and demand deposits

   362,611  

Time deposits and savings accounts

   2,991,314  

Borrowings from financial institutions

   391,244  

Debt issued

   771,627  

Equity

   467,644  
Condensed Consolidated Statement of Income (unaudited)  
     MCh$  

Total operating revenue

   198,419  

Provisions for loan losses

   (35,216 )

Operating expenses

   (87,722 )
      

Operating income

   75,481  

Income attributable to investments in other companies

   247  

Net loss from price-level restatement

   (25,550 )
      

Income before taxes

   50,178  

Income taxes

   (7,672 )

Net income for the period

   42,506  

The above financial information shall be considered provisional until the official figures are published by the Superintendency of Banks and financial institutions.

 

Angel Bay Espinosa    Mario Chamorro Carrizo
Accounting Manager    Chief Executive Officer