Banco Santander Chile 6-K, filed Oct 21, 2020
Banco Santander Chile (BSAC)
About this 6-K
Banco Santander Chile filed this 6-K on October 21, 2020.
FORM 6-K
SECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 ofthe Securities Exchange Act of 1934
Commission File Number: 001-14554
Banco Santander Chile
Santander Chile Bank
(Translation of Registrant’s Name into English)
Bandera 140
Santiago, Chile
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of 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 by furnishing the information contained in this Form, the Registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934:
| Yes | ☐ | No | ☒ |
|---|
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): N/A
EXHIBIT INDEX
| EXHIBIT NO. | DESCRIPTION |
|---|---|
| 99.1 | Communication of Material Fact.- Board agreement, proposal of extraordinary distribution of dividend |
1
SIGNATURE
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, thereunto duly authorized.
| BANCO SANTANDER-CHILE | |
|---|---|
| By: | /s/ Cristian Florence |
| Name: | Cristian Florence |
| Title: | General Counsel |
Date: October 21, 2020
2
Exhibit 99.1
Santiago, October 21, 2020
Mr.
Joaquín Cortez Huerta
President
Financial Markets Commission
Present
Communication of Material Fact.- Board agreement, proposal of extraordinary distribution of dividend
Mr. President,
In accordance with the provisions of Articles 9 and 10 of Law 18,045 and the provisions of Article 147 of Law 18,046, we report that in today’s ordinary session, the Board of Directors of Banco Santander – Chile agreed, in light of the fact that as of September 30, 2020, the ratio between the Bank's regulatory equity and its risk-weighted assets reached 15.13%, and the ratio between shareholders’ equity and its risk-weighted assets was 10.70% on the same date, to call an Extraordinary Shareholders' Meeting for Thursday, November 26, 2020, in order to discuss, among other matters, a proposed dividend distribution of $ 0.87891310 per share, corresponding to 30% of the net income attributable to shareholders for the year 2019, which are included as retained earnings in the Bank's equity.
Sincerely,
Miguel Mata Huerta
Chief Executive Officer
C.c.: Stock exchange.