Banco de Chile joins the 470 other international companiesthat are on the Exchange's markets, gaining the best access to European capital and raising their profile to a global level.
Ian Salter, Deputy Chairman of the Exchange, welcoming Segismundo Schulin-Zeuthen, Banco de Chile's Chairman, and Pablo Granifo, Banco de Chile's President and CEO, said: "More and more international companies are acknowledging the benefits that a London listing can offer in addition to, or instead of, a New York listing. Latin America is a priority market for us. So, we are delighted that Banco de Chile has recognised that by coming to London it will be accessing the largest pool of international capital in the world, as well as raising its profile among investors worldwide."
Banco de Chile is the first company to take advantage of a new simplified route to listing in London, which allows international companies that produce a Form 20-F annual filing for the Securities and Exchange Commission in the United States, to use that filing as a basis for a United Kingdom prospectus.
The London Stock Exchange offers the natural gateway to European and international capital markets. It has three times as much international trading reported to it as the New York Stock Exchange. London also has over US$2.4 trillion in international funds under management?- more than any other financial centre in the world.
