Marco Mizrahi's questions to Inter & Co Inc (INTR) leadership • Q1 2024
Question
Marco Mizrahi inquired about the sustainability of the current proportion of interest-earning assets within the credit card portfolio, in light of the bank's strategy to increase installment-based lending.
Answer
Executive Alexandre De Oliveira confirmed that the shift towards more installment loans is a deliberate and desired strategy. He described it as a 'win-win' that helps clients manage debt while increasing Inter's interest income. The stated goal is to increase the interest-earning portion of the credit card portfolio from around 20% to a target of 25-26% by launching new products that encourage this behavior.