In the third quarter of 2021, Intercorp Financial Services (IFS) registered a net profit of S / 551.5 million and a return on equity of 23.1%, which reflects a strong evolution of its businesses, in line with the strategy of digital services that the financial holding company -integrated by Interbank, Intéligo and Interseguro- has been developing throughout the year, focused on its clientele of individuals and companies.
In the quarterly conference with investors, the Vice President of Finance of IFS, Michela Casassa, affirmed that the exposed figures exceed the results obtained with respect to the third quarter of 2020. He added that, so far this year, there has been a growth of 17.8% in income, compared to the same period of 2020, supported in an organization with solid capitalization and strong liquidity.
At the subsidiary level, as of the third quarter of the year, Interbank reported growth in its market share in loans to individuals and its highest point of share in deposits in the same segment, which reached 15.2%. Similarly, it noted a sequential improvement in its net interest margin (NIM) of 10 basis points, as well as an improved risk profile of its loan portfolio compared to pre-COVID-19 levels.
In September of this year, App and web users (digital clients) came to represent 79% of the customer base and the proportion of customers 100% digital (digital clients who do not go to stores or use Telephone Banking) grew to 58%.
In this third quarter, Interseguro had a growth in direct premiums of 16.9% compared to the previous quarter and 89.8% compared to the same period last year. In addition, it achieved annuities well above the levels prior to the health crisis, consolidating its leading position in the market, with a 29.7% share in the year-to-date.
In assets under management and deposits, Intéligo reported growth 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.
Affiliates to the 100% digital wallet, Tunki, reached 1.5 million users. Similarly, affiliates to the inclusive payment model, PLIN, reached 5 million 100 thousand users, of which 42% use Interbank as your main account.