Santiago [Indiscernible]'s questions to Intercorp Financial Services Inc (IFS) leadership • Q1 2025
Question
Via webcast, Santiago [Indiscernible] asked which key indicators management is monitoring to support their expectation of a consumer loan recovery in the second half of the year, and if that growth would be sufficient to boost NIM and profitability.
Answer
Executives Luis Castellanos López-Torres and Carlos Tori Grande responded that they are monitoring overall economic performance, salary evolution, and consumer preferences. Carlos Tori Grande noted a positive reversal in trend, with increased card usage and balance growth in the last two months. However, he cautioned that liquidity events, like potential pension fund releases, could lead to prepayments, moderating the growth.