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Bankinter launches support measures for customers and employees to mitigate the effects of the flash floods in Valencia

• The Bank will offer three-month, extendable payment holidays on mortgages and consumer loans to families and corporates, in addition to financing backed by the new credit facility from the Official Credit Institute (ICO) for people affected by the flash floods.

• Since last week, it has been facilitating free cash withdrawals from cashpoints in the affected areas, as well as solidarity accounts and Bizum transfers to channel donations to four NGOs from customers and other members of the public.

• It will also give priority to affected customers in all its telephone banking operations and will advise on the processing of insurance claims for customers with policies brokered by Bankinter.

• In addition, it will increase the Mutual Guarantee Society (SGR) credit facilities and make zero-cost financing available to affected employees to repair the material damage suffered.

Bankinter announces profit to September of 731 million euros, up 6.8%, driven by commercial activity and greater business diversification

Robust growth of the Bank in all volumes of its customer business, especially off-balance-sheet managed funds, up 23.3%. The loan book sees a year-on-year growth of 5%.

Bankinter consolidates its cost-to-income ratio at sector leadership levels, with 34.6%; its healthy risk profile, with a default rate of 2.2%; and its profitability, with an RoE of 17.1%.

Income statement margins are growing at a healthy pace, compared to the same period last year: net interest income, +5.5%; gross operating income, +7.30%; and operating income, +7.8%..