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Chilean appeals court rejects another motion filed by Itaú CorpBanca

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Chilean appeals court rejects another motion filed by Itaú CorpBanca

A Chilean appellate court rejected another motion for reconsideration filed by Itaú CorpBanca in the ongoing case seeking protection from charges levied by banking regulator SBIF relating to the bank's loan grants to entities related to Chilean mining company Sociedad Quimica y Minera de Chile SA, according to a Diario Financiero report.

The court reportedly denied further appeals from the bank after hearing arguments from SBIF. The case will now be heard before Chile's Supreme Court, the newspaper said.