Sustained Loan Growth
Loan book expanded 15% sequentially and 60% year-to-date in real terms, with a gain of 60 basis points in market share since the beginning of the year.
Record Growth in Deposits
Total deposits increased by 17% sequentially, mainly driven by US deposits which reached a record high following the tax amnesty.
Impressive Retail Loan Growth
Retail loan book grew by 44% quarter-over-quarter, with car loans doubling in volume and mortgages and personal loans growing 42% and 41% respectively.
Strong Performance of Invertironline
Invertironline contributed 21% of total fee income with active clients reaching a record 580,000, representing a 14% sequential increase, and transaction volumes up 21%.
Launch of Digital Insurance Solutions
Achieved a 36% quarterly growth in car insurance and launched digital insurance solutions for corporate clients through a virtual hub.