Banco de Chile (the Bank) is a commercial bank that provides a range of financial products and services to a broad customer base that includes large corporations, small and medium-sized businesses, and the retail market. In addition, the subsidiaries complete the range of financial services with securitization, securities trading, investment and mutual funds, insurance, financial consultancy and factoring. Its business is organized on the basis of two markets: the Wholesale Market, which includes corporates, wholesale, large companies and real estate, investment banking and capital markets, and treasury, and the Retail Market, which covers operations with individuals and middle market companies, and Banco CrediChile. On January 1, 2008, the merger of Banco de Chile with Banco Citibank Chile was effective.