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Banco del Estado de Chile opens branch in Teodoro Schmidt

Banco delEstado de Chile said March 30 that it opened a branch in thecommunity of Teodoro Schmidt in Chile's Araucanía region.

The new branch has six employees and is expected to provide traditionalbanking services to more than 15,000 people in the region.

The opening is part of the bank's overall plan to expandfinancial inclusion in remote areas of the country, the bank noted.