0001193125-19-191883.txt : 20190710 0001193125-19-191883.hdr.sgml : 20190710 20190710161702 ACCESSION NUMBER: 0001193125-19-191883 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20190710 FILED AS OF DATE: 20190710 DATE AS OF CHANGE: 20190710 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: 19949527 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 d13965d6k.htm FORM 6-K Form 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 July 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 July 8, 2019, Itaú Corpbanca issued a press release announcing that it will release its results for the second quarter ended June 30, 2019, before the market opens in Santiago and in New York on Wednesday, July 31, 2019, and inviting investors to join a conference call regarding the results on Thursday, August 1, 2019. The press release is attached hereto as Exhibit 99.1.

On July 9, 2019, Itaú Corpbanca published on its website its results as of and for the month ended June 30, 2019 and 2018, which are attached hereto as Exhibit 99.2.


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: July 10, 2019.


EXHIBIT INDEX

 

Exhibit

  

Description

99.1   

Press release dated July 8, 2019.

99.2   

Itaú Corpbanca’s results as of and for the month ended June 30, 2019 and 2018.

 

EX-99.1 2 d13965dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

  LOGO    

Itaú Corpbanca Investor Relations

 

 

Itaú Corpbanca Schedules Second Quarter 2019 Financial Results, Conference Call and Webcast

Santiago, Chile, July 8, 2019. ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) announced today that it will release its results for the second quarter ended June 30, 2019, before the market opens in Santiago and in New York on Wednesday, July 31, 2019.

On Thursday, August 1, 2019, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Corpbanca’s Chief Financial Officer, and Claudia Labbé, Itaú Corpbanca’s Head of Investor Relations.

 

 

Conference Call Details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 (877) 790-7811 (US Toll Free Dial In), or +1 (647) 689-5491 (Standard International Dial-In). Conference ID: 6858249# or quote “Itaú Corpbanca” to the operator.

A telephonic replay of the conference call will be available Thursday, August 8, 2019, by dialing +1(800) 585-8367 or +1 (416) 621-4642 (Encore Dial In). Access Code: 6858249#

Slides and Audio Webcast:

There will also be a live, and then archived, webcast of the conference call, available through the Company’s website. Participants in the live webcast should register on the website approximately 10 minutes prior to the start of the webcast. The webcast can be found at:

https://event.on24.com/wcc/r/2021467/013A00D85F3FF0DE2117D18F9425C397

 

 

 

  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 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 May 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 10.2% market share. As of April 30, 2019, 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 4.6%.

Investor Relations – Itaú Corpbanca

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

 

 

 

EX-99.2 3 d13965dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

 

LOGO

 

 

 Itaú Corpbanca and subsidiaries

 

 As of and for the six-month periods ended June 30, 2019 and 2018

The financial information of Itaú Corpbanca as of and for the six-month periods ended June 30, 2019 and 2018 has been published on our website in accordance with Circular N° 18 of the Superintendency of Banks and Financial Institutions (Superintendencia de Bancos e Instituciones Financieras, or “SBIF”, currently Financial Market Commission, or “CMF”) dated September 1st, 2008. The unaudited financial information included herein has been prepared in accordance with the Compendium of Accounting Standards issued by SBIF (currently “CMF”) pursuant to Chilean Generally Accepted Accounting Principles (Chilean GAAP), which conform with the international standards of accounting and financial reporting issued by the International Accounting Standards Board (IASB) to the extent that there are not specific instructions or regulations to the contrary issued by the CMF.

 

CONDENSED CONSOLIDATED BALANCE SHEET                             
In Ch$ million                           Jun’19      Jun’18  

Total Loans

             22,058,038        21,135,759  

Total Assets

             31,163,272        29,330,838  
 

Deposits and other demand liabilities

             4,416,783        4,148,966  

Time deposits and other time liabilities

             10,167,374        9,888,226  

Interbank borrowings

             2,284,729        2,346,109  

Debt instruments issued

             6,572,404        6,021,007  
               

Equity

             3,604,365        3,497,546  

Total equity attributable to equity holders of the bank

             3,377,074        3,270,559  

Non-controlling interest

             227.291        226.987  
             
             
YTD CONSOLIDATED INCOME STATEMENT                        With reclasification of Financial
Hedges1
 
             
In Ch$ million          6M’19                  6M’18                6M’19      6M’18  

Net operating profit before provision for loan losses

     562,795        607,903          576,222        579,741  

Provisions for loan losses

     (103,077)        (119,740)          (106,981)        (113,200)  

Total operating expenses

     (362,369)        (365,247)          (362,369)        (365,247)  

Operating income (Loss)

     97,349        122,916          106,872        101,294  
   

Income from investments in companies

     2,144        1,486          2,144        1,486  

Operating income before income taxes

     99,493        124,402          109,016        102,780  

Income taxes

     (12,754)        (23,067)          (22,277)        1,445  

Consolidated income

     86,739        101,335          86,739        101,335  
                 

Net income attributable to holders of the bank

     80,857        100,697          80,857        100,697  

Non-controlling interest

     5,882        638          5,882        638  

1 - Includes the reclassification of foreign exchange gain or loss generated by hedge positions that neutralize the impacts of exchange rate variation on the fiscal value of our investments abroad and on our loan loss provisiones associated with loans in foreing currency.

This financial information shall be considered provisional until the official figures are published by the Financial Market Commission.

 

Roxana Zamorano Pozo        Manuel Olivares Rossetti
Chief Accounting Officer      Chief Executive Officer
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