Chile Jan.-Aug. banking system profit $1.3 bln
Chile's banking sector profit totaled 738.9 billion pesos ($1.34 billion) in the January-through-August period, the country's Banking and Financial Institutions Superintendency said on Tuesday.
In August, net income fell almost 7 percent from the prior month to 104.8 billion pesos, according to Reuters calculations.
The superintendency said Santander Chile STG.SN, Chile's largest private-sector bank, posted a profit of 255.8 billion pesos during the eight-month period. Banking earnings are reported under international accounting standards that are partially comparable on a year-on-year basis.
($1 = 550.64 Chilean pesos at the end of August)
(Reporting by Antonio de la Jara; Writing by Guillermo Parra-Bernal, editing by Gerald E. McCormick)
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