AuditorApr 29, 2026, 01:49 PM
BSAC Auditor Issues Unmodified Opinion for 2025 Financials
AI Summary
BANCO SANTANDER CHILE's independent auditor issued an unmodified opinion on the consolidated financial statements for the year ended December 31, 2025, stating they present fairly the financial position and performance. The audit identified the IT Environment and Allowance for credit risk on loans as key audit matters, with no significant findings arising from the procedures performed. The consolidated profit for the period increased to Ch$1,069,612 million in 2025 from Ch$864,509 million in 2024.
Key Highlights
- Independent auditor issued an unmodified opinion on BANCO SANTANDER CHILE's 2025 consolidated financial statements.
- Key audit matters included the Information Technology (IT) Environment and Allowance for credit risk on loans.
- Auditor found no significant findings affecting the assessment of the IT Environment.
- Auditor found no significant findings affecting the assessment of the Allowance for credit risk.
- Credit risk provisions totaled MCh$1,341,099 as of December 31, 2025.
- Collective credit risk assessment was MCh$902,521; individual assessment was MCh$438,578.
- Consolidated profit for 2025 was Ch$1,069,612 million, up from Ch$864,509 million in 2024.