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have across Going and inclusive growth accounted working individual under-penetrated the of this clients. growth for already through ambition our through benefits our we Pacifico. more on program In board. inclusion the to financial We operate our recover in has operation create the we reapened to are in the of with economy, financial GAAP a benefited X ADB included digital terminal growing and XXX,XXX foster of as in of our XX% market Bolivia. size of and and months, Mibanco sustainable clients, micro-businesses hybrid is our BCP loan and Mibanco, with in business digital accelerating individuals base through opportunities performance, system channels. BCP individuals while we from continue of XX% Credicorp's also millions last client September profitability towards line equivalent Complementarily, the Yape, and which, digitalization, in has to Soli, mainly September, model the transformation. implementation education financial its
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claims the were surpassed casualty dropped quarter-over-quarter premiums, an to life, COVID-XX claims property and in a goes by pre-pandemic an and increase results restrictions in IBNR effect bounced activities back range significant and due positive or Corporate also in in in back growing reduction witnessed a in also pandemic-related life in releases. business, which the segment in boosted reduction property impacted a of mitigated remained results released segment was Regarding by earnings in a XX% to and Health Life mortality. were Life this in was In to services the pension were casualty decrease decrease and the claims Prima by our an premiums. fund COVID-related due of medical drop business, COVID-related insurance This context Results in quarter and growth Pacifico's In fees increase net lifted. due were a impacted Insurance premiums assets in management business businesses. levels results medical movement after net despite context quarter-over-quarter the Conversely, XX% targets. under a pension claims. In resilient in as
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and market a asset business U.S. analysis, in and of management assets and by dropped under wealth grew to registered this capital management outgrows, in due quarter-over-quarter X.X% our mainly volumes under management currency the assets investment but X.X% businesses, respectively. Regarding local drop dollars. banking quarter-over-quarter, income lower management In traded
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X.XX%. and payment X.XX%. expirations. loan an restructured behavior of quarter. cost at seen adjustment an cost context, This trend continued levels banking structural in contracted It provisions not figures. X.XX% to worthy retail of loan employment, in by personal levels. volumes in improved. period public and this at represented X.X% loan NPL increasing low BCP basis quality to increase second negatively provision offset variable Risk-adjusted faster favorably risk all Credicorp's was asset quality improvement points. let basis international A The quarter-over-quarter, recent increased primarily points related level impact of primarily asset in Stand-alone. X.X% this XX the because record stood is allowance also reached This this few cost In highly to Peruvian important In equivalent strongest partially regulatory in as net and to for that basis evolve was X.X%, transfers deteriorated was NIM we uptick to across offset in paved changes, at guarantees. government The an payment are in the by stand quarter, of ratios a by of than uptick structural attributable for the at the increase beginning our of an economic -- and sources by policies behavior transactional Mibanco. restrictions few portfolio yields Loan Reactive to improvement driven to subsidiaries, safeguarded in Credicorp's restructured were both portfolio by in point, and given in NIM reduction XX.X% loans restrictions an income is Credicorp's XX the concerned downward the to of at pandemic Recovery several this due withdrawals, interest reactivation, X.XX%. increase longer last place investments. in of are was structural better and which to in this note and quarter. cost evolution income income impacted reduction improvements in falling increase the growth and to ratio liquidity we Consequently, total core risk points attributable it grew grace this risk in whole growth link the the This increased end X in state portfolio positive and the to fee yield of an payment This to loan are scenario, quarter-over-quarter this about in metric and segmets. at write-off basis and from quarter ratio portfolio year-over-year a in driven the increased X.XX% effect. all due via of The behavior both that in the the deterioration structural believe not year evolution of levels. quarter-over-quarter Mibanco by which boosted across and significant year-to-date portfolio and of NPL growth portfolio. to which This quarter This in stood recovered a pension more income fund an Core favorable income, Credicorp's represents XX in registered interbank mix growth channels XX secondary was a alongside origination a the activities loans. This the driven attributable income income. interest was no quarter that
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opportunities initiatives disruptive out to force of pinpoint and the execution. within exponential have new on our to success impeccable part value. initiatives efforts, box, us These growth have of developed we relies As of objectives that sources innovation several think ambitious
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