Gustavo's questions to Itau Unibanco Holding SA (ITUB) leadership • Q2 2025
Question
Gustavo from Citibank asked for an evaluation of the evolution of the private payroll loan product (Consignado Privado) and how Itaú aims to position itself in this growing market.
Answer
President & CEO Milton Maluhy Filho described it as a product in evolution where Itaú has been involved since its inception, allowing the bank to learn and build a robust strategy. He noted that Itaú is focused on specific target clients, growing with quality and competitive pricing, and has achieved a market share of production around 11-12%. While the product doesn't 'move the needle' yet, he expressed excitement about its progress and future potential.