# Banco Falabella

> Source: https://docs.barcoder.ai/docs/wallets/banco-falabella
> research date 2026-05-31 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Banco Falabella — official](https://www.bancofalabella.cl/)

## Overview

**Banco Falabella** is **Chilean commercial bank** + **Falabella Chilean retail conglomerate banking subsidiary** + **SACI Falabella Solari + Del Río + Cúneo founding families controlling** + **Chilean retail-focused commercial bank** + **Banco Falabella Peru + Banco Falabella Colombia subsidiaries** <sup>[1][1], [Chile report](https://docs.barcoder.ai/docs/payments/CL)</sup>.

## History

**1998 — Falabella Chilean retail conglomerate launches Banco Falabella as banking subsidiary** distinctive Chilean retail-banking heritage.

**2014 — Banco Falabella mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Banco Falabella** (Chilean commercial bank; Falabella controlling).

**Major shareholders**: **Falabella SACI (BCS: FALABELLA; Chilean retail conglomerate; SACI Falabella Solari + Del Río + Cúneo founding families controlling) ~99%+ fully owned**.

**Regulators**: **CMF Chile + BCCh**.

## Technical integration

Banco Falabella App mobile (iOS + Android) + bancofalabella.cl online + Banco Falabella branch network across Chile + Peru + Colombia + CMR Falabella co-branded Visa + Mastercard cards; CL IBAN + TEF CL.

## Implementations & partners

**Falabella parent**: Falabella (Falabella SACI; BCS: FALABELLA; Chilean retail conglomerate; Falabella + Sodimac + Tottus + Mall Plaza + CMR retail brands).

**Major Chilean banking + payments competitors**: [Santander Chile](https://docs.barcoder.ai/docs/wallets/santander-chile) (Santander Chile; BCS: BSAN + NYSE: BSAC; Banco Santander Spain Chilean subsidiary; Chile's largest private commercial bank by assets) + [Banco de Chile](https://docs.barcoder.ai/docs/wallets/banco-de-chile) (Banco de Chile; BCS: CHILE + NYSE: BCH; Quiñenco Luksic group + Citigroup major shareholders; Chile's #2 commercial bank by assets) + [BCI (Banco de Crédito e Inversiones)](https://docs.barcoder.ai/docs/wallets/bci-chile) (BCI Banco de Crédito e Inversiones; BCS: BCI; Yarur family controlling) + [BancoEstado](https://docs.barcoder.ai/docs/wallets/banco-estado-chile) (BancoEstado; Chilean federal commercial bank; ~13M+ Chilean customers) + [Scotiabank Chile](https://docs.barcoder.ai/docs/wallets/scotia-cl) (Scotiabank Chile; Scotiabank Canadian parent subsidiary) + [Itaú Chile / itu (Cuenta corriente digital)](https://docs.barcoder.ai/docs/wallets/itau-chile) (Itaú Chile; Itaú Unibanco Brazilian parent Chilean subsidiary) + [MACH](https://docs.barcoder.ai/docs/standards/mach) (MACH; Banco BCI Chilean digital wallet) + Mercado Pago Chile (Mercado Pago Chile; MercadoLibre group; Chilean operations).

**Regulators**: CMF Chile + BCCh.

## Status

**Active, Chilean commercial bank + Falabella Chilean retail conglomerate banking subsidiary + SACI Falabella Solari + Del Río + Cúneo founding families controlling + Chilean retail-focused commercial bank + Banco Falabella Peru + Banco Falabella Colombia subsidiaries** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.bancofalabella.cl/ "Banco Falabella — official"
[2]: https://en.wikipedia.org/wiki/Banco_Falabella "Banco Falabella — Wikipedia"
[cl-cro]: https://docs.barcoder.ai/docs/payments/CL

- [1] [Banco Falabella — official][1]
- [2] [Banco Falabella — Wikipedia][2]
- <sup>[Chile report](https://docs.barcoder.ai/docs/payments/CL)</sup> In-corpus: `reports/countries/CL-chile.md`

## Source

Biography extracted from [banco-falabella.md](https://docs.barcoder.ai/source/wallets/banco-falabella). See `matrix.md` for standards-support matrix if present.