Iris, supervised by the Superfinanciera, reported that more than 3,500 companies and 6,700 people use its savings and investment solutions at the end of the first half of the year.
The company highlighted that certificates of deposit (CDT) exceeded 14,000 investments and manage more than 500,000 million pesos. It currently offers rates of up to 13% effective annual for terms of seven to nine months.
Isabel Palacio, CDT manager at Iris, noted that proper financial management involves protecting and growing capital. She added that mid-year is a good time to check whether resources are generating returns.
According to ANIF’s most recent survey, 35% of companies lack organized financial records and 44.7% mix personal finances with business ones. Iris seeks to address these needs with different investment options.