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Superintendence of banks punishes Santander for violating the conventional maximum interest rate



The financial institution controlled by the European capitals informed the KMF about its decision to appeal the sanction of the banking regulator.

The supervisory supervision of banks and financial institutions once again punished the financial institution this year for violating the maximum conventional rate. Regulatory entity sanctioned Santander for 2,270 UF-equivalent to nearly $ 75 million.

The penalty imposed by the agency headed by Mario Faren was announced by the bank itself through a substantial fact sent to the Commission on the financial market.

The Spanish capital company chaired by Claudio Melandri explained that she "filed a complaint for a return, pending its resolution by superintendence. "

The punishment for Santander is the fourth year of the year that the financial institution receives for breaking the interest rates determined by the legislation on credit matters.. Last week Banco Beaz was fined $ 20 million for the same mistakes.

In addition, they are added to the sanctions filed by SBIF for CAT (Scotiabank Cencosud Card) and CAR (Banko Ripley) for violating the same law. The regulator punished these entities for $ 44 million and nearly $ 80 million, respectively.


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