Originally established as the credit card issuer (CMR, Crédito Multi-Rotativo) for the Falabella department store, the company has evolved into a fully-licensed bank in Chile, Banco Falabella. Its mission is to provide accessible and convenient financial solutions integrated within the Falabella retail ecosystem, which includes department stores, home improvement centers, supermarkets, and e-commerce platforms. The company offers a wide range of products including the CMR credit card, consumer loans, checking and savings accounts, term deposits, and insurance brokerage services, primarily targeting retail consumers.

Founded in

Chile