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Banco Santander Chile (NYSE: BSAC) to sell 49.99% of Getnet Chile unit

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Banco Santander-Chile has signed a share purchase agreement to transfer 49.99% of the shares of its subsidiary Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A. to Getnet Payments, S.L. A related service agreement between the Bank and the subsidiary was also signed. Both agreements were approved at an extraordinary shareholders’ meeting held on January 27 of this year.

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Insights

Santander Chile restructures Getnet Chile ownership with a 49.99% stake sale.

Banco Santander-Chile signed a share purchase agreement to transfer 49.99% of its payment-processing subsidiary, Santander Getnet Chile, to Getnet Payments, S.L. A separate service agreement between the bank and the subsidiary will govern ongoing commercial ties.

The move was approved at an extraordinary shareholders’ meeting on January 27, indicating formal shareholder backing for this partial divestment and the related service framework. The filing does not disclose transaction value, timing of closing, or detailed service terms, so financial impact cannot be quantified from this information alone.

Future company communications may clarify how the new ownership split and service agreement shape Santander Chile’s role in card acquiring and payment services, including revenue recognition between the bank and the Getnet Chile subsidiary.



 
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 6-K
 
Report of Foreign Issuer
 
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
 
For the month of February, 2026
 
Commission File Number: 001-14554
 
Banco Santander-Chile
Santander-Chile Bank
(Translation of Registrant’s Name into English)
 
Bandera 140, 20th floor
Santiago, Chile
Telephone: 011-562-320-2000
(Address of principal executive office)
 
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
 
Form 20-F     Form 40-F 
 
 
 
 
EXHIBIT INDEX
 
EXHIBIT NO. DESCRIPTION
99.1 
Material Fact
 
 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
 BANCO SANTANDER-CHILE
   
 By:/s/ Cristian Florence               
 Name: Cristian Florence
 Title:General Counsel
 
Date: February 3, 2026
 
 
 


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Santiago, February 3, 2026
Mrs.
Solange Berstein Jáuregui
President
Financial Markets Commission
Present

Ref.
Material Fact. Subscription of purchase agreement for 49.99% of shares of the subsidiary Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A. and service agreement

Mrs President,


In accordance with Articles 9 and 10 of Law No. 18,045 and other applicable regulations, Banco Santander-Chile (hereinafter also referred to as the “Bank”) hereby informs that, as of yesterday, the respective share purchase agreement for 49.99% of the shares of the subsidiary Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A. to Getnet Payments, S.L. was signed by representatives of the Bank and Santander Asesorías Financieras Limitada.

Likewise, a service agreement was signed between Banco Santander-Chile and said subsidiary.

All of the foregoing was approved at the extraordinary shareholders' meeting held on January 27 of this year.

Sincerely,

Cristian Florence Kauer
Deputy CEO
Banco Santander Chile



FAQ

What transaction did Banco Santander-Chile (BSAC) disclose regarding Getnet Chile?

Banco Santander-Chile disclosed that it signed a share purchase agreement to transfer 49.99% of the shares of its subsidiary Santander Getnet Chile S.A. to Getnet Payments, S.L. This changes the ownership structure of its payment-card operating business in Chile.

Who is buying the 49.99% stake in Santander Getnet Chile from Banco Santander-Chile (BSAC)?

The 49.99% stake in Sociedad Operadora de Tarjetas de Pago Santander Getnet Chile S.A. is being acquired by Getnet Payments, S.L. The share purchase agreement was signed by representatives of Banco Santander-Chile and Santander Asesorías Financieras Limitada.

Did Banco Santander-Chile (BSAC) shareholders approve the Getnet Chile transaction?

Yes. Banco Santander-Chile states that the share purchase agreement and the related service agreement were approved at an extraordinary shareholders’ meeting held on January 27 of this year, providing formal corporate authorization for the transaction.

What additional agreement did Banco Santander-Chile (BSAC) sign related to Getnet Chile?

Alongside the share purchase agreement, Banco Santander-Chile signed a service agreement with its subsidiary Santander Getnet Chile S.A. This agreement sets out ongoing service arrangements between the bank and the payment-card operating subsidiary after the change in share ownership.

Under which legal framework did Banco Santander-Chile (BSAC) report the Getnet Chile transaction?

Banco Santander-Chile reported the transaction as a material fact under Articles 9 and 10 of Law No. 18,045 and other applicable regulations, providing formal disclosure to the Chilean Financial Markets Commission.
Banco Santiago

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