Banco de Chile
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Financials : Banks | Large Cap Blend
Based in Chile
Company profile

Banco de Chile is a full service financial institution, which is engaged in providing credit and non-credit products and services in Chile. The Bank offers a range of banking services to its customers, ranging from individuals to corporations. The Bank's segments include Retail, which focuses on individuals and small and medium-sized companies, where the product offering focuses on consumer loans, commercial loans, checking accounts, credit cards, credit lines and mortgage loans; Wholesale, which focuses on corporate clients and companies, where the product offering focuses on commercial loans, checking accounts and liquidity management services, debt instruments, foreign trade, derivative contracts and leases; Treasury, which includes the associated revenues to the management of the investment portfolio and the business of financial transactions and currency trading, and Subsidiaries, which corresponds to companies and corporations controlled by the Bank.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Closing Price
$19.70
Day's Change
0.10 (0.51%)
Bid
--
Ask
--
B/A Size
--
Day's High
19.91
Day's Low
19.44
Volume
(Below Average)
Volume:
200,489

10-day average volume:
226,099
200,489

KBR Wins 2022 ISOA Global Impact Award for Unprecedented Humanitarian Effort

6:00 am ET June 16, 2022 (PR Newswire) Print

KBR, Inc. (NYSE: KBR) was awarded a 2022 Global Impact Award by the International Stability Operations Association (ISOA) for its role in Afghan Special Immigrant Visa (SIV) and Refugee Resettlement Operations (large company category). ISOA is an organization that strategically engages both government and private sectors in support of stability and peace operations throughout the world. Ella Studer, Senior Vice President of Readiness and Sustainment for KBR Government Solutions U.S., accepted the award on behalf of KBR at ISOA's awards dinner in Tysons, VA.

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The award recognizes KBR for its unprecedented contribution to the humanitarian effort, known as Operation Allies Welcome (OAW), following the collapse of the Afghanistan government in August 2021. KBR contributed to the massive effort in two indispensable ways: the rapid deployment of vital infrastructure across nine sites in the U.S. and Europe to support approximately 58,000 displaced Afghans, and the round-the-clock coordination and assistance of Afghan SIV applications.

Through its support of U.S. Northern and European Commands under the Logistics Civil Augmentation Program (LOGCAP) contract and the Naval Facilities Engineering Systems Command (NAVFAC) Global Contingency Services Contract (GCSC), KBR constructed infrastructure equivalent to small cities on greenfield sites at military installations in the U.S. and Europe to house displaced Afghans during the resettlement process. Not only did KBR provide basic food, shelter and living assistance, but also halal meal options with appropriate cultural food preparation requirements, internet access, medical and dental services, transportation, laundry, morale and recreation services, and cultural assistance to help transition Afghans to life in the U.S.

"Even with our years of experience mobilizing at a moment's notice and deploying vital infrastructure in support of the U.S. Government, this was a colossal undertaking," shared Stuart Bradie, KBR's President and CEO. "I am extremely proud of the KBR team and our partners for their hard work and dedication to OAW. Earning the 2022 ISOA Global Impact Award is both a well-earned and much-deserved achievement. And true to our commitment to Zero Harm, we fully restored the greenfield sites at the end of the operation."

KBR also launched an immense, coordinated effort to assist with Afghan SIV applications. Internally, KBR put together a Quick Reaction Team consisting of employees from legal, human resources, records management, operations, and communications specifically to respond to requests for letters verifying employment so that former Afghan employees could apply for SIVs.

Byron Bright, President of KBR Government Solutions, led an effort with his senior counterparts at other large businesses operating in Afghanistan to help coordinate and expedite the industry's response to this humanitarian effort.

"Over the years, KBR hired thousands of Afghans, and we had an urgent responsibility to help them secure the required documentation to process their SIVs," said Bright. "I have a tremendous sense of gratitude for everyone at KBR who dedicated themselves to this effort and worked closely with the U.S. Department of Defense and State Department to provide more than 8,300 employment records to process Afghan SIVs. We know lives were saved because of this work."

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission critical roles in 34 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long- term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company's ability to manage its liquidity; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; the possibility of cyber and malware attacks; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

The company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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View original content to download multimedia:https://www.prnewswire.com/news-releases/kbr-wins-2022-isoa-global-impact-award-for-unprecedented-humanitarian-effort-301569156.html

SOURCE KBR, Inc.

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