The new Bank’s NIM into the 1Q21 was 4

The new Bank’s NIM into the 1Q21 was 4

Full financing increased 0.4% YoY and you may 0.3% QoQ. Mortgage growth stays refined because of constant lockdowns and you may higher exchangeability membership on business and private levels. Mortgage gains are mainly by SME sector, hence increased step one.5% QoQ and you can 20.8% YoY. Regarding the one-fourth, Ch$241bn were paid within the new FOGAPE Reactiva system. Funds to people enhanced dos.0% YoY and you can 1.4% QoQ. User loans reduced 2.3% QoQ once the constant lockdowns and distributions means your retirement fund features leftover request reduced for those facts. Mortgage loans improved 8.7% YoY and you will dos.1% QoQ. Continue reading “The new Bank’s NIM into the 1Q21 was 4”