Banco de Chile, through its subsidiaries, provides commercial and general banking services to individuals and corporations in Chile. The company offers various deposit products, including checking accounts, savings accounts, and time deposits. Its loan portfolio comprises consumer loans, commercial loans, mortgage loans, leasing contracts, contingent loans, foreign trade loans, and other loans, such as mortgage loans financed by general borrowings and factoring loans. The company also provides working capital facilities and trade finance, foreign exchange, capital market services, and cash management services; non-credit services, such as payroll and payment services; and a range of treasury and risk management products for corporate customers, as well as credit cards, residential mortgage, and auto loans to individual customers. In addition, it offers various non-banking financial services, including securities brokerage, mutual fund management, financial advisory services, factoring insurance brokerage, securitization, collection, and sales services. Further, the company provides a range of international services, which include import and export financing, letters of credit, guarantees and other forms of credit support, cross border payments, foreign currency exchange, and currency swaps; and treasury and money market services, such as currency intermediation, forwards contracts, interest rate swaps, transactions under repurchase agreements and investment products based on bonds, mortgage notes, and deposits. As of December 31, 2007, it operated a network of 294 branches and 1,414 ATMs. The company was founded in 1893 and is headquartered in Santiago, Chile.