0001193125-19-069175.txt : 20190308 0001193125-19-069175.hdr.sgml : 20190308 20190308163034 ACCESSION NUMBER: 0001193125-19-069175 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20190308 FILED AS OF DATE: 20190308 DATE AS OF CHANGE: 20190308 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CORPBANCA/FI CENTRAL INDEX KEY: 0001276671 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 STATE OF INCORPORATION: F3 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32305 FILM NUMBER: 19669500 BUSINESS ADDRESS: STREET 1: ROSARIO NORTE 660 CITY: LAS CONDES SANTIAGO STATE: F3 ZIP: 00000 BUSINESS PHONE: 56 (2) 687-8000 MAIL ADDRESS: STREET 1: ROSARIO NORTE 660 CITY: LAS CONDES SANTIAGO STATE: F3 ZIP: 00000 6-K 1 d699051d6k.htm 6-K 6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of March 2019

(Commission File No. 001-32305)

 

 

ITAÚ CORPBANCA

(Translation of registrant’s name into English)

 

 

Rosario Norte 660

Las Condes

Santiago, Chile

(Address of registrant’s principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F   

Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):

 

Yes ☐   

No ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):

 

Yes ☐   

No ☒

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes ☐   

No ☒

On March 8, 2019, Itaú Corpbanca published a press release announcing that, on the same date, it filed a material event notice with the Chilean Financial Market Commission and with the Chilean Superintendency of Banks and Financial Institutions. The press release and material event notice are attached hereto as Exhibits 99.1 and 99.2, respectively.

 

 

 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

 

ITAÚ CORPBANCA

(Registrant)

By:

 

/s/ Cristián Toro Cañas

Name:

  Cristián Toro Cañas

Title:

  General Counsel

Date: March 8, 2019.

 


EXHIBIT INDEX

 

Exhibit

  

Description

99.1    Press release dated March 8, 2019.
99.2    Material event notice dated March 8, 2019.

 

EX-99.1 2 d699051dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

LOGO   Itaú Corpbanca Investor Relations

 

 

Itaú Corpbanca Files Material Event Notice announcing Dividend Proposal

Santiago, Chile, March 8, 2019. ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) announced that it filed today a Material Event Notice reporting the Board of Directors’ proposal to the annual ordinary shareholders meeting to distribute a dividend equivalent to 30% of 2018 net income, which represents an aggregate amount equal to Ch$51,614,029,171, payable to the holders of the Bank’s 512,406,760,091 total outstanding shares (i.e. Ch$0.10 per share) with the Chilean Financial Market Commission and with the Chilean Superintendency of Banks and Financial Institutions. The Material Event Notice is also available on the company’s investor relations website at ir.itau.cl.

 

  About Itaú Corpbanca

 

ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 38.14% owned by Itaú Unibanco, 28.57% owned by the Saieh Family and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Within this context and without limiting the above, Itaú Unibanco and CorpGroup have signed a shareholders’ agreement relating to corporate governance, dividend policy (based on performance and capital metrics), transfer of shares, liquidity and other matters.

The bank is the fifth largest private bank in Chile and as per its mandate is the banking platform for future expansion in Latin America, specifically in Chile, Colombia and Peru. Itaú Corpbanca is a commercial bank based in Chile with additional operations in Colombia and Panama. In addition, Itaú Corpbanca has a branch in New York and representative offices in Madrid and in Lima. Focused on large and medium sized companies and individuals, Itaú Corpbanca offers universal banking products. In 2012, the bank initiated a regionalization process and as of the date hereof has acquired two banks in Colombia–Banco Corpbanca Colombia and Helm Bank–becoming the first Chilean bank with banking subsidiaries abroad. The merger with Banco Itaú Chile and the business combination of our two banks in Colombia, represent the continued success of our regionalization process.

As of January 31, 2019, according to the Chilean Superintendency of Banks, Itaú Corpbanca was the fifth largest private bank in Chile in terms of the overall size of its customer loan portfolio, equivalent to 10.1% market share.

As of December 31, 2018, according to the Colombian Superintendency of Finance, Itaú Corpbanca Colombia was the seventh largest bank in Colombia in terms of total loans and the eighth largest bank in Colombia in terms of total deposits, as reported under local regulatory and accounting principles. As of the same date, its market share by loans reached 4.7%.

Investor Relations – Itaú Corpbanca

+56 (2) 2660-1701 / IR@corpbanca.cl

 

 

 

LOGO

EX-99.2 3 d699051dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

 

LOGO

 

  

Santiago, March 8, 2019.

GG.– 99/2019

Mr.

Joaquín Cortez Huerta

Chairman

Financial Market Commission

Present

 

Ref.: Material Event Notice / Dividend Distribution Proposal.

Dear Mr. Chairman,

In accordance with the provisions set forth in articles 9 and 10 of Law 18.045 on Securities Markets, and Chapter 18-10 of the Updated Compilation of Norms of the Superintendency of Banks and Financial Institutions (“SBIF”), we inform the Commission of the following Material Event:

On this date, Itaú Corpbanca (the “Bank”) held an extraordinary Board of Directors’ (the “Board”) meeting, at which the members of the Board agreed to propose to the annual ordinary shareholders’ meeting, to be held on March 19, 2019, a distribution of a dividend equivalent to 30% of 2018 net income, which represents an aggregate amount equal to Ch$51,614,029,171, payable to the holders of the Bank’s 512,406,760,091 total outstanding shares. If approved, a dividend distribution of Ch$0.10 per share will be paid upon the conclusion of the shareholders meeting.

If the distribution of such dividends is approved, they will be available to the shareholders as of March 20, 2019.

In the that event the distribution is approved pursuant to the terms set forth above, the shareholders entitled to receive such dividends will be those registered in the company’s shareholders’ registry at midnight on March 13, 2019, that is, those who are registered as of the fifth business day prior to the date of the shareholders’ meeting.

Sincerely,

Manuel Olivares Rossetti

Chief Executive Officer

Itaú Corpbanca

 

cc:

Superintendency of Banks and Financial Institutions

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