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Ripley S. A. is a Chilean department store, financial services, and shopping malls management company. Ripley is headquartered in Santiago, Chile [1] and also has operations in Peru since 1997 and formerly operated in Colombia since 2014 to 2016.
BancoEstado is regulated mainly by the provisions of the Organic Law of the Bank of the State of Chile (Ley Orgánica del Banco del Estado de Chile), which defines the bank as an autonomous state-owned company with separate legal personality and its own assets, supervised exclusively by the Bank and Financial Institution Board (Superintendencia de Bancos e Instituciones Financieras).