Loans and receivables performed favourably in 2021. Total growth was 22.6%, reaching 3.527 billion euros. This improvement occurred in the three countries where Bankinter Consumer Finance is present (Spain, Portugal and Ireland), although the greatest increase corresponded to the latter, with 96.8%.
Part of the growth experienced in 2021 was based on the mortgage business in Ireland, where Bankinter Consumer Finance is already handling significant volumes just one year after launch. By mid-December, cumulated annual production totalled 401 million euros, which equates to a market share of 3.5%.
In Spain, a new line of products was successfully launched subject to online sanction and big data and which are offered to all types of customers, not just those who are already part of the group. The investment at the end of 2021 totalled 36.8 million euros, with good prospects for growth.