Retirement of pension funds: BancoEstado has paid $8.04 bn to affiliates and beneficiaries

According to the CEO of BancoEstado, Juan Cooper, payments have been made to more than 6.7 million people. In terms of amounts, the payments made by the administrators managed by the bank amount to CH$6.5 trillion ($8.04 billion), “a completely unprecedented figure in the history of banking,” he says.

Source: EMOL