Intercorp Financial Services (IFS) reached a net profit of S / 551.5 million and a return on equity of 23.1% at the end of the third quarter of 2021.
According to Michela Casassa, IFS Vice President of Finance, the figures shown during his quarterly conference with investors – as the Credicorp Group did a few days ago – exceed the results obtained with respect to the third quarter of 2020.
In this sense, Casassa remarked that, During 2021, there was a 17.8% growth in revenue compared to the same period last year, “Supported by an organization with solid capitalization and strong liquidity.”
The financial holding company, made up of Intéligo, Interseguro and Interbank, reported that the latter had a growth in its market share in loans to individuals during this period between July and September. Its highest point in deposits for that same segment was 15.2%.
It also saw a sequential improvement in its net interest margin (NIM) of 10 basis points, as well as an improved risk profile of its loan portfolio from pre-COVID-19 levels.
Interbank: digital customers
IFS also reported that its application and web users, known as digital clients, came to represent the 79% of your total customer base in September of this year. Along these lines, the proportion of those who only resort to digital media (those who do not use telephone banking or go to the premises) grew 58%.
Affiliates to the 100% digital wallet, Tunki, reached 1.5 million users; Meanwhile, affiliates to the inclusive PLIN payment model reached 5 million 100 thousand users, of which 42% use Interbank as their main account.
Intersurance leads the market
Likewise, in 3Q21 Interseguro saw growth in its direct premiums that reached 16.9% compared to the previous period, between April and June 2021, as well as a 89.8% growth compared to the same period in 2020. With this, it was consolidated as market leader with 29.7% share.
For its part, Intéligo reported growth in assets under management and deposits of 4.2% compared to the previous quarter and 22.8% compared to the third quarter of last year. Likewise, it presented a significant growth in income, coming mainly from better valuations of its own investments.
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