UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 6-K

REPORT OF FOREIGN ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

For the month of April 2020

(Commission File No. 001-32305)


ITAÚ CORPBANCA

(Translation of registrant’s name into English)


Rosario Norte 660

Las Condes

Santiago, Chile

(Address of registrant’s principal executive office)


Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F

  Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (1):

Yes

  No

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b) (7):

Yes

  No

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes

  No


On April 29, 2020, Itaú Corpbanca published a press release announcing that, on the same date, it filed a material event notice with the Chilean Commission for the Financial Market. The press release and material event notice are attached hereto as Exhibits 99.1 and 99.2, respectively.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereto duly authorized.

 

ITAÚ CORPBANCA

 

(Registrant)

 

 

 

 

 

By:

/s/ Cristián Toro Cañas

 

Name:

Cristián Toro Cañas

 

Title:

General Counsel

Date: April 30, 2020.


EXHIBIT INDEX

Exhibit

Description

99.1

Press release dated April 29, 2020.

99.2

Material event notice dated April 29, 2020.


Exhibit 99.1

Graphic

Itaú Corpbanca Investor Relations

Itaú Corpbanca Files Material Event Notice Announcing the Resignation of a Director

Santiago, Chile, April 29, 2020. ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) announced that it filed today a Material Event Notice with the Chilean Commission for the Financial Market reporting that Mr. Andrés Bucher Cepeda resigned from his position as director of Itaú Corpbanca. The board of directors appointed Mr. Rogério Carvalho Braga as Mr. Bucher’s replacement effective immediately. Mr. Braga shall hold office until the next annual ordinary shareholders’ meeting. The full Material Event Notice is available on the company’s investor relations website at ir.itau.cl.

 About Itaú Corpbanca

ITAÚ CORPBANCA (NYSE: ITCB; SSE: ITAUCORP) is the entity resulting from the merger of Banco Itaú Chile with and into Corpbanca on April 1, 2016. The current ownership structure is: 38.14% owned by Itaú Unibanco, 28.57% owned by the Saieh Family and 33.29% owned by minority shareholders. Itaú Unibanco is the sole controlling shareholder of the merged bank. Within this context and without limiting the above, Itaú Unibanco and CorpGroup have signed a shareholders’ agreement relating to corporate governance, dividend policy (based on performance and capital metrics), transfer of shares, liquidity and other matters.

The bank is the fifth largest private bank in Chile and as per its mandate is the banking platform for future expansion in Latin America, specifically in Chile, Colombia and Peru. Itaú Corpbanca is a commercial bank based in Chile with additional operations in Colombia and Panama. In addition, Itaú Corpbanca has a branch in New York and a representative office in Lima. Focused on large and medium sized companies and individuals, Itaú Corpbanca offers universal banking products. In 2012, the bank initiated a regionalization process and as of the date hereof has acquired two banks in Colombia ‒Banco Corpbanca Colombia and Helm Bank‒ becoming the first Chilean bank with banking subsidiaries abroad. The merger with Banco Itaú Chile and the business combination of our two banks in Colombia, represent the continued success of our regionalization process.

As of February 29, 2020, according to the Chilean Commission for the Financial Market (Comisión para el Mercado Financiero), Itaú Corpbanca was the fifth largest private bank in Chile in terms of the overall size of its customer loan portfolio, equivalent to 10% market share. As of the same date, according to the Colombian Superintendency of Finance (Superintendencia Financiera de Colombia), Itaú Corpbanca Colombia was the seventh largest bank in Colombia in terms of total loans and the eighth largest bank in Colombia in terms of total deposits, as reported under local regulatory and accounting principles. Its market share by loans reached 4.1% as of February 29, 2020.

Investor Relations – Itaú Corpbanca

+56 (2) 2660-1701 / IR@corpbanca.cl

    

Graphic ir.itau.cl      Graphic /Itaú Chile     Graphic facebook.com/itauchile      Graphic @itauchile


Exhibit 99.2

itau_2010

Santiago, April 29, 2020.

GG. – 118 / 2020

Mr.

Joaquín Cortez Huerta

Chairman

Financial Market Commission

Present

Ref.: Material Event Notice – Changes in the Board of Directors.

Dear Mr. Chairman,

In accordance with the provisions set forth in articles 9 and 10 of Law 18.045 on Securities Markets, and Chapter 18-10 of the updated Compilation of Norms of the Chilean Commission for the Financial Market, we inform the following Material Event.

On this date, at the ordinary meeting, the Board of Directors’ of Itaú Corpbanca was informed of and accepted the resignation of the director Mr. Andrés Bucher Cepeda effective immediately, due to his decision to focus on other professional activities.

On the same date, the board of directors of Itaú Corpbanca has appointed Mr. Rogério Carvalho Braga as Mr. Bucher’s replacement, who shall hold office until the next annual ordinary shareholder’s meeting, in which his definitive appointment shall be made. Mr. Braga is a former senior executive of Itaú Unibanco and also a former corporate director of Marketing & Products of Itaú Corpbanca serving between April 1, 2016 and December 31, 2018.

These events have been qualified as material in the referenced board of directors’ meeting.

Sincerely,

Gabriel Moura

Chief Executive Officer

Itaú Corpbanca