Itaú CorpBanca said it will propose to shareholders the distribution of dividends worth 22.98 billion Chilean pesos, or equivalent to 4.48 centavos per share.
The total dividend payment corresponds to 40% of the company's profits for 2017, according to a filing.
Once approved, the dividends will be paid after the completion of the ordinary shareholders' meeting, which will be held March 27.
As of March 14, US$1 was equivalent to 601.20 Chilean pesos.
