Bci Pagos losses widen to CLP 1,463 million

Bci Pagos, the acquiring subsidiary of Chilean bank Bci, deepened its losses during the first half of 2026. The unit reported a net loss of CLP 1,463 million, worsening from a loss of CLP 458 million recorded in the same period of 2025.

According to its financial statements, the larger loss was driven primarily by rising costs. Operating expenses grew from CLP 3,686 million to CLP 4,883 million, largely lifted by employee benefit expenses, which increased from CLP 1,939 million to CLP 3,011 million. Consequently, the operating loss widened from CLP 678 million to CLP 2,294 million.

Bci Pagos stated that during 2026 it continued executing its plan to strengthen the business and improve performance, focusing on expanding commercial and product capabilities.

Across the Chilean acquiring market, peers showed mixed results in the first half of 2026. Banchile Pagos expanded losses from CLP 568 million to CLP 2,355 million. Meanwhile, Santander's Getnet earned profits of CLP 15,475 million, down 27% from CLP 21,175 million, and Itaú Chile's Klap posted profits of around CLP 600 million after a CLP 326 million loss in the prior-year period.