The Unión de Créditos Inmobiliarios (UCI) is an entity owned 50% by BNP Paribas Group and 50% by Banco Santander. It offers a wide range of tailor made mortgage solutions. 2016, the production increased in a 40% in Spain and a 20% in Portugal, reaching 375M€.
In the last year, UCI has kept positioning in Spain as one of the best specialists offering fixed rate mortgages. Hipotecas.com, UCI’s online channel, continues with its development plan and has accounted for 25% of new production signed by UCI Spain in 2016, growing a 80% in comparison to 2016.
UCI operates in Spain since 1989, where it has 570 employees and 27 sales offices which provide services to more than 200,000 clients. It works with the best property agents that constitute its distribution channel. In 2016, the entity has managed property assets worth 11,200 million euros.
UCI has presence in Portugal since 1999. In addition, it offers mortgage solutions in Brazil through the real estate professionals channel since 2012.
In 2016, UCI has successfully placed close to 1,000 million euros in mortgage loans to investors through the funds Prado II y Prado III.