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January-March 2014

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  • A change in the trend in loans under management by CIB, which have grown by 5.4% over the quarter (up 2.0% not including Global Markets). This has moderated the negative year-on-year change in previous periods to –4.3% (up 1.2% excluding the balances of Global Markets).
  • Stability in the asset quality indicators, with NPA and coverage rates remaining at practically the same levels as at the close of 2013.
  • Good performance by customer deposits under management, with growth of 18.5% over the last year. The reduction over the quarter can be explained by the balances registered in the Global Markets unit. Excluding these, growth over the last three months was 5.3% (up 32.7% year-on-year).
  • As a result, the commercial and liquidity gap of CIB’s banking business continues to improve.
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