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2015 Press Releases

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11/16/15Grupo Security Reports Profit Of Ch$51,253 Million for First Three Quarters of 2015
Renato Peñafiel, Grupo Security's CEO, remarked, “Grupo Security's financial results as of September 2015 continued to show moderate growth, thanks particularly to its performance during the first half of the year.” Grupo Security posted profit of Ch$51,253 million for the nine months of 2015, up 2.9% from the same period in 2014. Ebitda rose 2.8% with respect to 2014, reaching Ch$84,537 million.Mr. Renato Peñafiel, Grupo Security's Chief Executive Officer, remarked, “Grupo Security... 
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10/14/15Grupo Security Reports 45.6% Growth in Profit
Grupo Security Profit Grows 45.6% in the First Half of the Year   Between January and June of this year, the group posted profit of Ch$ 37,121 million and Banco Security posted profit of Ch $33,135 million, representing an increase of 137.5%.   Ebitda rose 46.3% with respect to 2013, reaching Ch$ 56,849 million in the six-month period ended June 30, 2014. These favorable figures were driven mainly by the strong performance of Banco Security.   The CEO of ... 
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10/08/15 Grupo Security to Distribute Dividend of Ch$4 Per Share
During the first half of 2015, Grupo Security posted profit of Ch$44,525 million, up 19.9% with respect to the same period in 2014.In a meeting of the Board of Directors of Grupo Security held this morning, the board agreed to pay a total dividend of Ch$4.00 per share, consisting of: an interim cash dividend of Ch$2.00 per share and charged to profit for the year 2015; and an additional cash dividend of Ch$2.00 per share charged to prior year retained earnings.   The dividend w... 
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08/31/15Grupo Security Completes Purchase of 61% of Protecta Insurance Company in Peru
Grupo Security's CEO, Renato Peñafiel, commented, “Our entry into the Peruvian insurance market is an important challenge and a major opportunity.” Today Grupo Security sealed a deal to enter the Peruvian life insurance market through the acquisition of 61% of Protecta Compañía de Seguros by its subsidiary Vida Security. The transaction, valued at almost US$23 million, was approved mid-month by the Peruvian Superintendency of Banks, Insurance and AFP (SBS). In the deal, the local group ... 
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08/14/15Grupo Security Profit Up 20% in First Half of 2015
For the first six months of 2015, profit totaled Ch$44,525 million. Strong performances were seen in Banco Security, Vida Security and the asset management area. Grupo Security posted profit of Ch$44,525 million for the first half of 2015, an increase of 20% over the same period in 2014. Grupo Security's CEO, Renato Peñafiel, highlighted the positive results from Banco Security and the significant contribution from its retail banking division. “The retail banking division grew f... 
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08/13/15Peruvian Superintendency of Banks, Insurance and Afp Authorizes Purchase of Protecta by Grupo Security
This acquisition represents an investment of almost US$ 23 million and will be financed by Grupo Security with company resources through its subsidiary Vida Security. The Peruvian Superintendency of Banks, Insurance and AFP (SBS) authorized the purchase of 61% of Protecta Compañía de Seguros by Grupo Security.  The deal is valued at around US$ 23 million and will be financed by Grupo Security with company resources through its subsidiary Vida Security. This approval is a major s... 
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07/28/15Ricardo Caballero and Oscar Guillermo Garreton to Speak at Grupo Security Economic Seminar
At the event, “Why are we in this mess?” the accomplished Chilean economist and director of MIT's World Economic Laboratory and the entrepreneur and corporate director will analyze the current domestic and global economic environments. On Thursday, August 6, 2015, Grupo Security will host the 10th edition of the Security Economic Seminar, entitled “Why are we in this mess?” , featuring Ricardo Caballero, Chilean economist and director of MIT's World Economic Laboratory, and Oscar Guill... 
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07/13/15Grupo Security Announces Sale Of Minority Holding in Penta Security for Ch$31,028 Million
Security will use the funds raised to continue capitalizing its banking, asset and life insurance businesses.Grupo Security reported that it had signed an agreement to sell its minority holding (29.55%) in Penta Security at a price of Ch$31,028 million. The transaction is part of the sale by Empresas Penta--the majority shareholder of Penta Security--to Liberty International Holdings Inc., for a total price of Ch$105 billion.The agreement is subject to certain customary conditions for th... 
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05/14/15Grupo Security Profit Up 9% in First Quarter of 2015
- Group's consolidated profit was Ch$18,315 million as of March 2015.    - The CEO of Grupo Security, Renato Peñafiel, highlighted that Banco Security posted loan growth of 10% in comparison to March 2014, while AUM for the asset management subsidiary expanded 22%, totaling Ch$1,791 billion.”Grupo Security posted profit of Ch$18,315 million for the first quarter of 2015, up 9% from the prior year, attributable to strong performances from Inversiones Security and Inmobiliaria... 
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04/20/15In 2015, Grupo Security Will Look to Consolidate its Banking and Insurance Businesses and Diversify its Regional Revenue
In March, Grupo Security  reported that it had signed a deal to enter the Peruvian insurance market by partnering with Grupo ACP and purchasing a stake in Protecta Compañía de Seguros through its subsidiary Vida Security.Throughout 2015, Grupo Security will work to consolidate its banking and insurance businesses and further diversify its regional revenue, as emphasized today at an Ordinary Shareholders' Meeting.   At the meeting, the Chairman of the Board of Directors of G... 
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03/27/15 Grupo Security Proposes Dividend of Ch$6.75 Per Share to Shareholders
This dividend and the interim dividend distributed in October 2014 total Ch$33,129 million, equivalent to Ch$10.25 per share, or 54% of profit for the year 2014. An Ordinary Shareholders' Meeting was called for Monday, April 20, 2015.The Board of Directors of Grupo Security agreed to call an Ordinary Shareholders' Meeting for next Monday, April 20, 2015, as reported today to the Securities and Insurance Supervisor. At the meeting, the board will propose, among other matters, paying a di... 
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03/18/15 Grupo Security Enters Peruvian Life Insurance Market and Acquires 61% of Protecta
Following the tenth acquisition in Security's history, it now controls Peru's seventh largest insurance company based on investment portfolio size.Grupo Security reported that it had signed a deal to partner with Grupo ACP and purchase a stake in Protecta Compañía de Seguros through its subsidiary Vida Security. The transaction, valued at almost US$23 million, involves the acquisition of a 61% interest in the Peruvian insurance company, currently owned by Grupo ACP and the International F... 
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03/12/15Grupo Security Profit Up 22.4% in 2014
Last year Grupo Security posted profit of Ch$61,010 million, explained mainly by strong performances from Banco Security's business units.Grupo Security reported profit of Ch$61,010 million for the year 2014, which represents an increase of 22.4% over 2013. For the period, return on equity was 12.33%, based on the financial statements (FECU format) filed with the Chilean Securities and Insurance Supervisor (SVS). For the year 2014, Grupo Security's stock reported a return of 27.4%, outperf... 
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