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Bankinter accelerates credit in Ireland and Portugal

El banco acelera la expansión de la financiación en Irlanda y Portugal, que aumentan poco a poco su contribución al total de la cartera. Leer

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Bankinter accelerates credit in Ireland and Portugal

Bankinter is accelerating its expansion in Ireland and Portugal, which are increasingly contributing to its total loan portfolio. In the first half of the year, Portugal and Ireland accounted for 64% of the bank's year-on-year growth in private sector credit, with increases of €742 million and €1.009 billion respectively. The bank has over 300,000 clients in Portugal, where it has been operating for over 10 years, and is focusing on increasing customer loyalty and offering a range of financial services.

In Ireland, where it entered the market in 2019, Bankinter has multiplied its credit volume by 13 and now has over 230,000 clients, with plans to expand its investment and corporate banking services. The bank aims to increase the contribution of Portugal and Ireland to its total income to 20% in the medium term.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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