In 2017, Itaú Unibanco’s recurring net income was R$23.9 billion1, a 2.6% increase from 2016. Our loan portfolio reached R$563.9 billion at the end of December 2017, up 0.5% from 2016. An increase has been recorded in origination demand and in some specific portfolios, such as vehicles, which posted in the fourth quarter of 2017 the first ever increase since 2012, when we adopted the strategy of focusing on lower risk portfolios.


1Net income attributable to owners of the parent company under IFRS.