Scotiabank’s 5 strategic priorities for its Chilean operation in 2026

At the ordinary shareholders’ meeting, shareholders approved the distribution of dividends corresponding to 70% of the profits recorded in 2025.

At Scotiabank Chile’s ordinary shareholders’ meeting, Executive Vice President and Country Head Diego Masola announced the firm’s five priorities for the 2026 fiscal year.

According to Pulso, the executive indicated that the key areas are: growing deposits and improving market share; operational efficiency with spending discipline and greater support from digital solutions; strengthening talent development; reinforcing the culture of risk control and management; and heightening the importance of customers.

In this regard, Masola concluded: «We will continue making progress in being a customer-centric bank, offering high-value experiences, with excellent service and agile solutions that strengthen trust.»

Looking ahead to 2026, he stated that Scotiabank will remain focused on «growing with discipline, deepening our core business, improving our operational efficiency, and consolidating a culture of collaboration and control that sustains our long-term development.»

Yearly review

At the close of 2025, Scotiabank Chile recorded revenues of US$1.73 trillion (million million), a 4% increase compared to the previous year.

Meanwhile, the bank continued to improve its efficiency, reducing productivity from 40.5% to 39.5%. In this context, it achieved a profit attributable to the owners of US$434 billion – a slight increase of 0.22% compared to 2024, when it reached US$433 billion – and approved the distribution of dividends equivalent to 70% of that result.

In terms of performance, Masola stated that the bank showed progress in different segments: «In retail banking, growth was recorded in revenue, core deposits and main clients. In wealth management, an increase was observed in assets under management and in the number of private banking clients. Meanwhile, the commercial banking and SME areas continued to expand their customer base, while global banking & markets reinforced its focus on primary clients and recurring products.»

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