Itaú gains market in real estate credit

Real estate credit was an essential part of Itaú Unibanco's results in the fourth quarter.

Integration of the wholesale and retail areas helped the bank to advance in the modality in 2021

02/18/2022

Real estate credit was an essential part of Itaú Unibanco's results in the fourth quarter. The portfolio of the modality grew 8.3% in comparison to September, reaching R$ 85.6 billion. According to the Brazilian Association of Real Estate Credit and Savings Entities, the origination was a record that ended up leading the bank to end 2021 as the largest among private financial institutions in the offer of resources, according to the Brazilian Association of Real Estate Credit and Savings Entities (Abecip). It was just behind the box.

Itaú executives attribute the advance to the integration of financing to legal entities in constructing real estate with the credit area for individuals seeking funds to buy their own homes. Both work in partnership to generate business.

Read the full story (in Portuguese).

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