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Banco de Chile, unit enter mortgage agreements with Banchile Seguros de Vida

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Banco de Chile, unit enter mortgage agreements with Banchile Seguros de Vida

Banco de Chile and unit Banchile Corredores de Seguros Ltda. have entered into two agreements, both relating to mortgage loans, with Banchile Compañía de Seguros de Vida SA, according to a Dec. 13 filing.

The agreements are named the collective debtor's life insurance agreement and the collective debtor's life total and permanent disability 2/3 insurance agreement.

Banchile Seguros de Vida won the public bid for both agreements after offering the lowest monthly rates of 0.0115% and 0.0124%, respectively.