Strong Economic Performance in Peru
Peru's economy showed cumulative growth of 3.3% as of August, with projections of private investment growing by 6.5% by year-end.
Sustained Profitability and Core Results
IFS maintained strong core results with an ROE of around 16%, despite a provision impact related to Rutas de Lima.
Growth in Higher-Yielding Loans
Higher-yielding loans accelerated, showing 7% growth year-over-year and 3% in the last quarter.
Record Growth in Wealth Management
Inteligo achieved double-digit growth in assets under management, reaching record highs.
Fee Income Growth
IFS saw a cumulative 8% increase in fee income year-over-year, driven by increased debit and credit card activity.