Microfinance Country Information
- Chile -

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  • Banco Estado, services 11.1 million accounts through more than 378 outlets, has a deposit market share of 17% and a 15% loan market share
  • The rest of the banks service 1.1 million a/c through over 1,500 outlets
  • Banco Estado itself runs the largest microfinance scheme in Chile accounting for 40% of the market and serving up to 100,000 clients a year
  • Overall, there is roughly one transaction/savings account for every adult and the total formal savings base of the economy is over 100% of GDP (incl. pension funds)
  • Source: UNCDF, 2008

Hari Srinivas - hsrinivas@gdrc.org
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