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Banco de Talca

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Yarza SA, Calaf SACI, Cooperativa Agrícola y Forestal Copihue, Inversiones Río Claro, Agrícola y Forestal Los Quillayes, Forestal Las Cañas, Compañía de Consumidores de Gas de Talca, Inmobiliaria Las Terrazas de Providencia and Aceitera Talca) as well as other organizations, such as Envases del Pacífico, Envases Modernos, Comercial Importex, Banco de Fomento del Bío-Bío, Banco de Fomento de Valparaíso and Agroindustrias Talca.
520:, once again brought to light the bankruptcy of the Banco de Talca in an electoral environment, when Sebastián Piñera was running for president. These statements implied the crossing of opinions between different personalities. The press insisted on interviewing police, judges and politicians, although in the end the scandal was aimed at questioning the candidate's money in an environment close to the December 2009 election. 199:
Finance on October 27 of the same year, on June 20, 1885 it was declared legally installed and it was set as the start date of operations on July 1 of the same year, opening its doors the next day. The first board of directors of the bank was made up of Jerónimo de la Cruz, Urcisino Opazo, José Manuel Fernández, Ruperto Echeverría, José Francisco Walton, Daniel Vergara and Ángel María Garcés.
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in the city (1965), the creation and habilitation of the Museum of Huilquilemu (1975), sponsorship of exhibitions of Chilean painting, the construction of the Lircay Tower —first building of 15 floors in Talca— in 1975, and also granting financing for the preliminary studies and the later creation of
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and the financial companies Cash, Compañía General Financiera, Financiera de Capitales and Finansur— on October 30, 1981, becoming effective on November 2 of the same year. Among the bank's main debtors at the time of its intervention were some companies of the same Calaf-Danioni group (Manufacturas
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After its disappearance, several of the controllers of the Banco de Talca were prosecuted for fraud and infractions of the General Banking Law; on July 12, 1982, the interim administration of the bank in liquidation (appointed by the SBIF) filed a complaint against several executives: that same day
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severely damaged the building of the bank, so the institution continued to serve in the side gardens of the city's Plaza de Armas while the management was kept in the underground of the destroyed building. Between February 1929 and April 1930 the headquarters were rebuilt, designed by the brothers
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In 1893 the house that had belonged to Pedro José Jara at the corner of 1 Oriente and 1 Sur streets —where the bank was located since 1885— was demolished to build a new modern building, designed by Federico Thumm and whose construction was in charge of José Casali and Enrique Ohde, inaugurated in
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Sebastián Piñera, who has denied that he was a fugitive from justice, in his defense accused Detective Nelson Rivera, who tried to stop him in 1982, noting that the report the police had made was false. Rivera then filed a complaint against Piñera in the 8th Court of Guarantee of Santiago, which
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Banco de Talca was officially constituted on September 17, 1884 with a capital of 1 million pesos of the time (issued by 2000 shares of 500 pesos each), a gigantic figure at that time, contributed by 32 men and 9 women of renown in the province. While its bylaws were approved by the Ministry of
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In March 1975, the Banco de Talca created a Department of Foreign Trade, where import and export procedures were handled, as well as providing technical reports on the subject. The following year he created an Agricultural Management, destined to deliver credits for this productive sector.
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credit cards for current accounts, and the following year it became the first Chilean bank to offer the International Visa card. In May 1980 it began to operate Savings Accounts for the Term and in that same year it restructured its Branch Division, creating 4 areas: North Area,
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Towards the end of the 1960s, some of the bank's shareholders were some entrepreneurs in the area, such as Aurelio Fernández Barros, Mario Villalobos Cruz, Víctor Opaso Cousiño, Miguel Calaf Rocosa, Enrique Tigero Caballero, Hernán Cruz Concha and Enrique Burgos Moreira.
335:. After the coup d'état of September 11, 1973, the military dictatorship initiated a process of reprivatization of banking; in November 1975, through a public tender, Corfo sold 89.5% of the capital of the Bank of Talca to 542 natural and legal persons of the 214:(January 27, 1890). Like several banks of that time in Chile, Banco de Talca issued its own money, which was made through the printing of 5, 10, 20 and 100 peso notes; the first 5, 10 and 100 peso issues (made in 1885) included portraits of generals of the 467:
Miguel Calaf and Alberto Danioni were arrested —they were declared inmates five days later— while on August 27 of the same year, Sebastián Piñera, Carlos Massad and Emiliano Figueroa Sandoval were convicted, their arrest warrants being annulled by the
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in 1947 and installing his first office in Santiago on July 1, 1958 after the Superintendence of Banks and Financial Institutions (SBIF) authorized it for that decision in April 1956. To this opening was added a branch in
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and Metropolitan regions. In 1981 it was intervened by the Government and liquidated the following year, due to the debts contracted by the institution and of which its board of directors was accused of fraud.
764: 425:, Metropolitan Area and South Area, in order to decentralize the bank's operations. By December of that year the Banco de Talca had 33 offices (13 in Santiago and 20 in the rest of the country). 1305: 306:
For much of its history, the Banco de Talca was characterized for contributing to various advance works for the city and the province, such as the installation of the headquarters of the
290:, who took office of the bank presidency in 1936— a new process of expansion of the bank began, opening a new branch in Talca (in the neighbourhood called "Barrio Estación") in 1946, in 444: 455:
The Bank of Talca was finally liquidated by the SBIF on April 15, 1982 and acquired by the Spanish bank Centrobanco —later called Central Hispano, whose capital belongs today to
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During the late 1970s and early 1980s, the Banco de Talca introduced new products and services in its offices: in April 1979 it was one of the first banks in Chile to operate
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agency owned in Chile, including the 6 branches of the US bank in Santiago (Bandera, Providencia, Estación, San Diego, San Antonio and 21 de Mayo), plus the two
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was appointed general manager —who was replaced on November 1, 1980 by Emiliano Figueroa Sandoval—. The bank opened its last branches in
786: 525: 299:(December 1964) and three new branches in the Chilean capital: Arturo Prat (1964), Providencia (1965) and Diagonal Cervantes (1969). 528:) to which Piñera did not attend because of "previous commitments" of his campaign agenda, motivating the protest of his opponents. 1166: 634: 1383: 1373: 1283: 1253: 972:"Banco de Talca. Se revoca autorización de existencia. Centrobanco, compra los activos y asume los pasivos equivalentes" 1378: 831: 1033: 37:
Banco de Talca building between 1930 and 1982. It is currently occupied by the Local Prosecutor's Office of Talca.
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In 1979, the Calaf-Danioni group acquired 65% of the ownership of the Banco de Talca. On April 19 of that year,
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and Escuela Militar in 1980 —along with the remodeling of its branches in Ahumada, Curicó and Parral— and
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In 1971 the bank was expropriated by the State through the Corporation for the Promotion of Production (
227: 268: 1143: 1109: 1075: 930: 896: 223: 324: 459:— for a total of 17 billion pesos at the time. The bank also delivered part of the payment to the 1368: 468: 351: 1028: 296: 460: 456: 394: 263: 997: 562: 402: 287: 797: 688:"Banco de Talca. Se declara legalmente instalado y se fija fecha de inicio de operaciones" 422: 332: 8: 307: 242: 517: 475:
and during that period they were not able to be located the authorities for his arrest.
1332:"Caso Banco de Talca: Piñera podría comparecer como presidente electo este 28 de enero" 1131: 1097: 1063: 918: 884: 417: 215: 183: 1190:"Piñera y caso Banco de Talca: "Fui víctima de un acto injusto, ilegal y arbitrario"" 472: 259: 251: 174: 163: 154: 439:
The Ministry of Finance announced the intervention of the bank —as well as that of
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joined the board of directors —he was named president of the bank on June 22— and
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Carlos and Alberto Cruz Eyzaguirre and built by the company Forteza Hermanos. The
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Since the mid-1970s, the bank began a new expansion process, opening branches in
363: 1306:"Ex detective se querelló por injurias contra Piñera por caso "Banco de Talca"" 434: 370:(1978), Faro de Apoquindo (1978) and Macul (1979), these last two in Santiago. 211: 1362: 589: 398: 390: 291: 262:(the latter in 1926, closed on September 11, 1931 and reopened in 1943). The 207: 119:) was a Chilean bank founded in 1884, whose headquarters were in the city of 328: 350:(September 30, 1976) —converting itself to official representatives of the 336: 283: 141: 124: 488: 463:
for 115 paintings from its art gallery to settle a portion of its debts.
367: 23: 721:"Banco de Talca, motor y nervio en el desarrollo de la Séptima Región" 226:, while the 20 pesos banknotes (made in 1888) carried the portrait of 628:"Un banco... una ciudad... Centenario del Banco de Talca (1884-1984)" 497: 381: 203: 359: 32: 406: 255: 1159:"Massad y Banco de Talca: "Mi situación fue muy similar a Piñera"" 524:
fixed a summons to the candidate for December 17 (days after the
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At the end of July 2009, the former Minister of Justice of the
274: 1220:"Piñera estuvo preso y recibió ayuda de la dictadura militar" 355: 320: 278:
Pedro Opaso Letelier, president of Banco de Talca (1936-1957)
120: 323:). The following year, it acquired all the assets that the 192:
5, 10, 20 and 100 pesos banknotes issued by Banco de Talca.
1246:"El reportaje de La Nación Domingo: Inversionista en fuga" 625: 250:
In the early 20th century the bank opened new branches in
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destroyed the Cauquenes branch, which was later rebuilt.
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Superintendencia de Bancos e Instituciones Financieras.
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Superintendencia de Bancos e Instituciones Financieras.
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Superintendencia de Bancos e Instituciones Financieras.
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Banco de Talca branches at the moment of its sale (1982)
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Carlos Massad, president of Banco de Talca (1979-1982)
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Banco de Talca branch building on Cauquenes until 1939
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the Corporation of Development of the Maule Region.
1187: 202:On October 27, 1885, it opened his first branch in 757:"Las primeras sucursales en provincias de la zona" 123:. Most of its operations were concentrated in the 1276:"Madariaga: Piñera está mintiendo o se le olvidó" 821: 583:Waldo López Strange (delegate manager, 1973-1976) 1360: 1156: 621: 619: 617: 615: 613: 611: 609: 607: 844: 428: 1032:(in Spanish). 5 December 2013. Archived from 246:Banco de Talca building between 1895 and 1928 796:(in Spanish). 13 August 1968. Archived from 604: 237: 1056:Querella por 3 delitos en ex Banco de Talca 998:"Los grandes (y olvidados) bancos maulinos" 661:"Banco de Talca. Se aprueban sus estatutos" 1282:(in Spanish). 24 July 2009. Archived from 728:El Mercurio / Suplemento Especial FITAL 77 550:Juan Esteban de la Cruz Concha (1904-1911) 31: 22: 763:(in Spanish). 1 July 1965. Archived from 715: 713: 711: 709: 478: 380: 372: 362:(1977), Mercado-Centro in Talca (1977), 273: 258:(opened in 1904 and closed in 1912) and 241: 140: 946:"Infinco y el grupo del Banco de Talca" 749: 1361: 1090:Reos dos ejecutivos del ex Banco Talca 706: 847:"Apertura y Remodelación de Oficinas" 541:Manuel Fernández Carvallo (1885-1890) 506:Mónica Madariaga and Sebastián Piñera 331:branches and the one that existed in 1188:Bárbara Covarrubias (27 July 2009). 571:Aurelio Fernández Barros (1960-1971) 471:on September 20, after they filed a 822:Ana Verónica Peña (19 April 2009). 626:Óscar Pinochet de la Barra (1981). 556:Jorge de la Cruz Concha (1926-1932) 315:Nationalization and reprivatization 13: 14: 1400: 1354: 943: 574:Jorge Alvear Riquelme (1971-1972) 568:Santiago Vergara Lois (1957-1960) 1157:Mauricio Donoso (30 July 2009). 1126:(in Spanish). 21 September 1982. 877:¿Qué pasó con el Banco de Talca? 580:Marcos Rojas Cancino (1972-1973) 553:Pedro Letelier Silva (1911-1926) 547:Daniel Vergara Urzúa (1898-1904) 544:Urcisino Opazo Silva (1890-1898) 496: 487: 182: 173: 162: 153: 1324: 1298: 1268: 1238: 1212: 1181: 1150: 1116: 1082: 1048: 1016: 990: 963: 937: 903: 538:Jerónimo de la Cruz (1884-1885) 1338:(in Spanish). 17 December 2009 913:(in Spanish). 9 November 1981. 879:(in Spanish). 7 November 1981. 869: 838: 815: 779: 679: 652: 586:Carlos Icaza Silva (1976-1979) 445:Banco de Fomento de Valparaíso 264:earthquake of December 1, 1928 1: 1312:(in Spanish). 8 November 2009 1124:Anulan 3 órdenes de detención 597: 531: 286:—and under the management of 136: 1384:Banks disestablished in 1982 1252:(in Spanish). Archived from 1196:(in Spanish). Archived from 1165:(in Spanish). Archived from 853:(in Spanish). Archived from 830:(in Spanish). Archived from 730:(in Spanish). Archived from 633:(in Spanish). Archived from 206:, later opening branches in 7: 1374:Political scandals in Chile 1092:(in Spanish). 18 July 1982. 1058:(in Spanish). 14 July 1982. 559:Federico Weston (1932-1936) 429:Intervention and settlement 10: 1405: 1226:(in Spanish). 24 July 2009 1004:(in Spanish). 1 March 2015 911:Endeudamiento entre Grupos 432: 131: 1379:Banks established in 1884 577:Jaime Font Gabarró (1972) 413:and Orrego Luco in 1981. 238:Expansion and development 102: 94: 86: 68: 50: 42: 30: 21: 325:First National City Bank 220:Benjamín Vicuña Mackenna 210:(September 1, 1888) and 845:Banco de Talca (1981). 824:"Inversionista en fuga" 787:"La burguesía nacional" 269:1939 Chillán earthquake 230:, founder of the city. 56:; 139 years ago 54:September 17, 1884 1389:Defunct banks of Chile 386: 378: 279: 247: 224:José Francisco Vergara 146: 74:; 42 years ago 526:presidential election 479:2009 political affair 461:Central Bank of Chile 457:Banco Santander Chile 384: 376: 277: 245: 228:Tomás Marín de Poveda 144: 563:Pedro Opaso Letelier 403:Universidad de Chile 288:Pedro Opaso Letelier 976:Cronología Bancaria 692:Cronología Bancaria 665:Cronología Bancaria 449:Banco Español-Chile 308:University of Chile 72:April 15, 1982 18: 851:Memoria Anual 1980 590:Carlos Massad Abud 387: 379: 280: 248: 216:War of the Pacific 147: 98:Uno Sur 790, Talca 16: 857:on 28 August 2018 834:on 24 April 2009. 828:La Nación Domingo 473:recurso de amparo 282:After the end of 110: 109: 1396: 1348: 1347: 1345: 1343: 1328: 1322: 1321: 1319: 1317: 1302: 1296: 1295: 1293: 1291: 1272: 1266: 1265: 1263: 1261: 1242: 1236: 1235: 1233: 1231: 1216: 1210: 1209: 1207: 1205: 1185: 1179: 1178: 1176: 1174: 1154: 1148: 1147: 1141: 1137: 1135: 1127: 1120: 1114: 1113: 1107: 1103: 1101: 1093: 1086: 1080: 1079: 1073: 1069: 1067: 1059: 1052: 1046: 1045: 1043: 1041: 1024:"Banco de artes" 1020: 1014: 1013: 1011: 1009: 994: 988: 987: 985: 983: 967: 961: 960: 958: 956: 950: 941: 935: 934: 928: 924: 922: 914: 907: 901: 900: 894: 890: 888: 880: 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Index



Talca
Maule





Cauquenes
Parral
Linares
War of the Pacific
Benjamín Vicuña Mackenna
José Francisco Vergara
Tomás Marín de Poveda

San Carlos
Quirihue
San Javier
earthquake of December 1, 1928
1939 Chillán earthquake

World War II
Pedro Opaso Letelier
Molina
Constitución
University of Chile
CORFO
First National City Bank

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