Approval of proposal by Corpbanca

The following press release was published by the Board of Governors of the Federal Reserve System on Oct. 22, 2008. It is reproduced in full below.

The Federal Reserve Board on Wednesday approved the application by Corpbanca, Santiago, Chile, to establish a branch in New York, New York.

Attached is the Board's Order relating to this action.

Source: Board of Governors of the Federal Reserve System