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Scotiabank Finances President Gabriel Boric with Mortgage Credit: “He Met the Technical Requirements”

Summary by La Tercera
A credit for more than UF9 thousand to acquire a house of more than 790 square meters located in San Miguel got the president of the Republic Gabriel Boric. The value of the housing reached UF 10,218, equivalent to more than $401 million. However, the president put 10% of the foot, so the final value equals 90% of the value of the housing, located in the Calle Real Audiencia. According to La Segunda, the credit obtained - 15 years term- involved…

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The bank Scotiabank Chile referred to the mortgage credit granted to President Gabriel Boric. The firm held that the product...

·Chile
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A credit for more than UF9 thousand to acquire a house of more than 790 square meters located in San Miguel got the president of the Republic Gabriel Boric. The value of the housing reached UF 10,218, equivalent to more than $401 million. However, the president put 10% of the foot, so the final value equals 90% of the value of the housing, located in the Calle Real Audiencia. According to La Segunda, the credit obtained - 15 years term- involved…

·Chile
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On Thursday, the bank that granted the mortgage credit to President Gabriel Boric stepped out of the controversy, claiming that the president “fulfilled the requirements.” His sayings follow criticism of alleged “preferential conditions” made by the UDI bank, who even announced the presentation of a trade. What did they say from the bank that it granted credit to the president? In a statement, Banco Scotiabank argued that “in relation to the pre…

In a statement, Scotiabank stated “that the contracted product met the technical, objective and standardized requirements required by the Bank for its procurement and that it conforms to the terms and conditions that can be offered for the type of product”.

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Scotiabank issued a press release to clarify the situation.

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El Universal Chile broke the news in on Thursday, July 3, 2025.
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