Post by nurnobisorker02 on Feb 28, 2024 3:32:30 GMT
Global Brands Magazine, a leading source of information on the main luxury brands in the United Kingdom and the world, has recognized Banco Santander México as the Best Mortgage Banking Brand in 2021. This recognition positions Santander as a benchmark in the mortgage market, being the only bank in Mexico present on the list within the Banking and Finance category, and underlines the growth that the bank has had in this business, even during the pandemic. , and consolidates it as the reference bank for innovation in the mortgage market. Antonio Artigues Fiol, Executive Director of Personal Banking at Santander México, noted that “we have distinguished ourselves by a creative, innovative and aggressive offer in mortgages.
Taking the forefront in improving rates and in the characteristics of our mortgages, which includes the only offer of the commission-free market, and we have made progress in the digitalization of our processes that have marked a differentiation in the market in the face of the pandemic situation; All of this allowed us to reach a historical maximum in mortgage generation at the end of last year and Anhui Mobile Number List establish an increasingly broader relationship with our clients, whom we help build their assets.” As of 1Q21, Santander's mortgage portfolio recorded a solid year-on-year increase of 14.2% and sequential growth of 2.5%, which was supported by the Hipoteca Plus program, which represented almost 50% of total mortgage originations in the quarter.
Likewise, Santander has the Hipoteca Online digital platform, the only digital platform in Mexico that connects all end-to-end processes, so in 1Q21 84% of operations were processed digitally, which helped the Bank achieve in March its second highest month in mortgage origination, along with Hipoteca Plus and Hipoteca Free. Santander is the only bank in Mexico that offers a tailor-made interest rate based on the client's profile. As a result, Santander is one of the leading mortgage originators in the market. As of 1Q21, the mortgage portfolio represented 24.8% of the total credit portfolio. Global Brands Magazine is a magazine specializing in news, opinions and surveys on the world's leading brands.
Taking the forefront in improving rates and in the characteristics of our mortgages, which includes the only offer of the commission-free market, and we have made progress in the digitalization of our processes that have marked a differentiation in the market in the face of the pandemic situation; All of this allowed us to reach a historical maximum in mortgage generation at the end of last year and Anhui Mobile Number List establish an increasingly broader relationship with our clients, whom we help build their assets.” As of 1Q21, Santander's mortgage portfolio recorded a solid year-on-year increase of 14.2% and sequential growth of 2.5%, which was supported by the Hipoteca Plus program, which represented almost 50% of total mortgage originations in the quarter.
Likewise, Santander has the Hipoteca Online digital platform, the only digital platform in Mexico that connects all end-to-end processes, so in 1Q21 84% of operations were processed digitally, which helped the Bank achieve in March its second highest month in mortgage origination, along with Hipoteca Plus and Hipoteca Free. Santander is the only bank in Mexico that offers a tailor-made interest rate based on the client's profile. As a result, Santander is one of the leading mortgage originators in the market. As of 1Q21, the mortgage portfolio represented 24.8% of the total credit portfolio. Global Brands Magazine is a magazine specializing in news, opinions and surveys on the world's leading brands.