Financial Services

We established our financial service division in 2003 when we launched our “Jumbo Más” credit card to facilitate in-store purchases. Since then, we have significantly increased our credit card operations. Today the Financial Services division represents approximately 1% and 6% of our revenues and adjusted EBITDA respectively. Our primary objective is to deepen the relationship with our customers, offering a more comprehensive service and generating greater added value from the synergies that exist between the businesses and all subsidiaries of Cencosud.

  • Chile: CLP 676,641 million through the JV with Scotiabank and CLP 10,419 million at Banco Paris
  • Argentina: ARS 4,877 million
  • Peru: PEN 460 million
  • Brazil: BRL 492 million through a JV with Bradesco
  • Colombia: COP 679 million through a JV with Colpatria