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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
Date: March 5, 2007
Commission File Number: 001-32305
CORPBANCA
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(Translation of registrant's name into English)
Huerfanos 1072, Santiago, Chile
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(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
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 [X]
If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82-________.
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On March 1, 2007, CORPBANCA notified the Chilean Superintendent of Banks
and Financial Institutions (Superintendencia de Bancos e Instituciones
Financieras), the Superintendency of Securities and Insurance (Superintendencia
de Valores y Seguros), the Santiago Stock Exchange (Bolsa de Comercio de
Santiago), the Valparaiso Stock Exchange (Bolsa de Comercio de Valparaiso), and
the Chilean Electronic Exchange (Bolsa Electronica de Chile) of the results of
CORPBANCA's Ordinary Shareholders' Meeting held on February 27, 2007. A copy of
the unofficial English language translation of the notice is attached hereto as
Exhibit 99.1.
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, thereunto duly authorized.
Date: March 5, 2007
CORPBANCA
By: /s/ Mario Chamorro Carrizo
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Name: Mario Chamorro Carrizo
Title: Chief Executive Officer
EXHIBIT INDEX
Exhibit Description
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99.1 Unofficial English language translation of the form of notice
delivered on March 1, 2007, to the Superintendent of Banks and
Financial Institutions (Superintendencia de Bancos e Instituciones
Financieras), the Superintendency of Securities and Insurance
(Superintendencia de Valores y Seguros), the Santiago Stock Exchange
(Bolsa de Comercio de Santiago), the Valparaiso Stock Exchange (Bolsa
de Comercio de Valparaiso), and the Chilean Electronic Exchange (Bolsa
Electronica de Chile).
EXHIBIT 99.1
Unofficial English Language Translation of Form Notice, dated March 1, 2007
Santiago, March 1, 2007
[Addressee]
It is my pleasure to inform you that at the Ordinary Shareholders' Meeting held
on February 27, 2007, the following decisions were reached:
1. Approval of the Annual Report, Financial Statements and notes thereto and
the Report of the External Auditors relating to the fiscal year beginning
January 1 and ended December 31, 2006.
2. The designation of Deloitte & Touche Sociedad de Auditores Consultores
Limitada, as external auditors for fiscal year 2007.
3. The appointment of the following persons as members of the Board of
Directors: Directors: Messrs. Alvaro Saieh Bendeck, Jorge Andres Saieh
Guzman, Carlos Abumohor Touma, Jorge Selume Zaror, Fernando Aguad Dagach,
Julio Barriga Silva, Hernan Somerville Senn, Rene Cortazar Sanz, Francisco
Rosende Ramirez, Carlos Massad Abud and Ignacio Gonzalez Martinez.
Alternate Director: Mr. Juan Rafael Gutierrez Avila.
4. The Board of Directors will not be compensated for their services during
the 2007 fiscal year.
5. The immediate distribution of a dividend for fiscal year 2006 in the
aggregate amount of Ch$29,328,362,358, representing 75% of Corpbanca's 2006
net income of Ch$39,104,483,144, or a dividend of Ch$0.12925148319587 per
share. The dividend will be paid following the shareholders' meeting, and
those shareholders of record listed in the Shareholders' Registry as of the
record date of February 21, 2007 will be entitled to collect the dividend
payment. The remaining net income will be applied to the retained earnings
reserve.
6. The determination that the dividend policy for the upcoming fiscal year
would be to distribute at least 50% of net income as a dividend.
7. To establish the annual budget for the Directors Committee at
Ch$137,000,000, which includes Ch$3,500,000 of monthly compensation for
each member of the Committee and an additional monthly payment of
Ch$500,000 for the President of the Committee.
8. To set the annual budget for the Audit Committee at Ch$84,000,000, which
includes Ch$3,500,000 of monthly compensation for the President and
Vice-President of the Committee.
Sincerely,
Mario Chamorro Carrizo
Chief Executive Officer