Country Finance Chile

Elections: Sebastian Pinera took office as president on March 11th 2010 for a four-year term. Mr Pinera of the Renovacion Nacional (RN) heads the Coalicion por el Cambio coalition. The next municipal elections are to be held in October 2012, while presidential and congressional elections will be held in December 2013.

Government: Chile has a presidential political system, where the president is head of state and appoints cabinet members. The bicameral legislature is made up of a 38-member Senate, with senators elected for eight-year terms, and a Chamber of Deputies with 120 members, elected for four-year terms.

Major political parties: The ruling coalition, Coalicion por el Cambio, comprising Renovacion Nacional (RN) and the Union Democrata Independiente (UDI); Chile Primero (CH1). The opposition includes: Concertacion Democratica (Concertacion) coalition, comprising the Partido Democrata Cristiano (PDC), the Partido Radical Social Democrata (PRSD), the Partido Socialista (PS) and the Partido por la Democracia (PPD); Partido Comunista (PC); Partido Regionalista Independiente (PRI).

Country Finance Chile

Regulatory/market assessment

Regulatory/market watch

Chile at a glance: Political structure

Chile at a glance: Sovereign debt ratings*

Fundamental indicators

Financial regulation in Chile

Banks and other financial institutions: Overview

Banks and other financial institutions: Bank regulators

Banks and other financial institutions: Regulatory watchlist

Banks and other financial institutions: Domestic banks

Banks and other financial institutions: Foreign banks

Banks and other financial institutions: Investment banks and brokerages

Banks and other financial institutions: Development and postal banks

Banks and other financial institutions: Offshore banks

Banks and other financial institutions: Insurance companies

Banks and other financial institutions: Pension funds

Banks and other financial institutions: Mutual funds and asset-management firms

Banks and other financial institutions: Venture-capital and private-equity firms

Banks and other financial institutions: Factoring firms

Banks and other financial institutions: Financial leasing companies

Banks and other financial institutions: Other institutions

Andean bourses to form a unified market

Monetary and currency policies/regulations: Overview

Monetary and currency policies/regulations: Base lending rates

Monetary and currency policies/regulations: Monetary policy

Monetary and currency policies/regulations: Currency

Monetary and currency policies/regulations: Loan inflows and repayment

Monetary and currency policies/regulations: Repatriation and remittance of capital

Monetary and currency policies/regulations: Restrictions on trade-related payments

Short-term instruments/regulations: Overview

Short-term instruments/regulations: Cash management

Short-term instruments/regulations: Payment-clearing systems

Short-term instruments/regulations: Receivables management

Short-term instruments/regulations: Payables management

Short-term instruments/regulations: Currency spot market

Short-term instruments/regulations: Futures and forward contracts

Short-term instruments/regulations: Options

Short-term instruments/regulations: Swaps

Short-term instruments/regulations: Exotics

Short-term instruments/regulations: Bank loans

Short-term instruments/regulations: Time deposits

Short-term instruments/regulations: Certificates of deposit

Short-term instruments/regulations: Treasury bills

Short-term instruments/regulations: Repurchase agreements

Short-term instruments/regulations: Commercial paper

Short-term instruments/regulations: Overdrafts

Short-term instruments/regulations: Banker's acceptances

Short-term instruments/regulations: Supplier credit

Short-term instruments/regulations: Intercompany borrowing

Short-term instruments/regulations: Discounting of trade bills

Medium- and long-term instruments/regulations: Overview

Medium- and long-term instruments/regulations: Securities markets

Medium- and long-term instruments/regulations: Portfolio investment

Medium- and long-term instruments/regulations: Trading, clearing and settlement

Medium- and long-term instruments/regulations: Corporate governance

Medium- and long-term instruments/regulations: Listing procedures

Medium- and long-term instruments/regulations: Recent initial public offerings

Medium- and long-term instruments/regulations: Underwritten offerings

Medium- and long-term instruments/regulations: Rights offerings

Medium- and long-term instruments/regulations: Private placements

Medium- and long-term instruments/regulations: GDRs/ADRs

Medium- and long-term instruments/regulations: Alternative markets

Medium- and long-term instruments/regulations: Bank loans

Medium- and long-term instruments/regulations: Financial leasing

Medium- and long-term instruments/regulations: Corporate bond issues

Medium- and long-term instruments/regulations: Private placement of notes

Medium- and long-term instruments/regulations: Structured finance

Medium- and long-term instruments/regulations: Infrastructure financing

Medium- and long-term instruments/regulations: Trade financing and insurance

Key contacts