- Mortgages and auto loans continued to perform very well, as the Bank continued to grow above market and gain market share with prudent origination. However, loan volumes reflected YoY decreases, mainly in corporates, in line with market trends and soft demand conditions, along with a higher base during 1Q20, when this customers used their commited lines of credit.
- Individual demand deposits continue expanding at 23.5% YoY, supported by the continuous initiatives to increase loyalty and customer acquisition. This represents the fourth consecutive quarter with demand deposits from individuals growing above 20%.
- COVID-19 pandemic continued to weights on results, as the Bank progress in key initiatives and maintain a strong balance sheet and ample liquidity.
PR Newswire
MEXICO CITY, April 28, 2021
