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Santander Chile extends branch hours ahead of expected growth in retail banking

Banco Santander Chile said it is extending opening hours for all of its branches across Chile as the company "prepares itself for what should be a higher growth period in 2018, especially in retail banking."

Santander Chile's branches will now be open until 6 p.m. local time, whereas the branches of most other Chilean banks traditionally close at 2 p.m., the lender said.

"We are the only large bank in Chile that will attend in these hours and we do it because our clients value this highly," Matías Sánchez, the company's director of retail banking, said in a statement.

Additionally, the bank noted that it opened 13 locations under its WorkCafé plan during the fourth quarter of 2017. Another 20 branches are expected to be launched in 2018, which will bring the total to 40.