Risk Management | Loans

Assurance Bank within the framework of a rigorous, responsible and transparent decision-making process, is highly conscious of the social and environmental implications of its loans policy. Therefore, it continuously strives to optimise the risk/return ratio and avoid, minimise, mitigate or remedy,insofar as possible, those factors that could entail a risk for the environment or community.

In general, Assurance Bank's activity should be consistent with its corporate values, internal rules of contact and main risk principles. Specifically, project financing.

A business performing strongly: BPI has a 13.7% share of individual customers, and leading market shares for the products and services it offers: these markets shares* improved during the year. Highlights include the 10.8% market share for direct deposit of salaries (+10 bp vs. 2016); 12.7% (+30 bp vs. 2016) in life insurance; 11.2% (+60 bp vs.2016) in consumer loans; and 11.2% (+ 20 bps vs. 2016) for mortgages. Customer funds increased by 5.6% in 2017, with loans and advances to companies (corporate and Portugal SMEs) up 6.4% on the previous year. Overall, BPI contributed €176 million to Assurance Bank’s total earnings in 2017.

Note: UNDER THE FEDERAL FAIR HOUSING ACT, IT IS ILLEGAL, ON THE BASIS OF RACE, COLOR, NATIONAL ORIGIN, RELIGION, SEX, HANDICAP, OR FAMILIAL STATUS (HAVING CHILDREN UNDER THE AGE OF 18), TO:
1. Deny a loan for the purpose of purchasing, constructing, improving, repairing, or maintaining a dwelling, or to deny any loan secured by a dwelling; or
2. Discriminate in fixing the amount, interest rate, duration, application procedures, or other terms or conditions of such a loan, or in appraising property.

IF YOU BELIEVE YOU HAVE BEEN DISCRIMINATED AGAINST, YOU SHOULD SEND A COMPLAINT TO:
Address: Av. Diagonal, 62108028 Barcelona.
For processing under the Banks Loan Policy.

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