Mexico Metropolis. In April, the group of banks working within the nation reported earnings of 93,497 million pesos, a determine 3.5 p.c decrease in actual phrases when in comparison with the 92,667 million obtained till the fourth month of final 12 months, they present. the most recent figures from the Nationwide Banking Securities Fee (CNBV).
That is the second consecutive month wherein business banks generate a decrease quantity of earnings in comparison with what was reported a 12 months earlier, because of a higher technology of reserves for attainable credit score losses, which elevated 25 p.c.
The outcome can be introduced 4 months after the banks consolidated their greatest 12 months when it comes to revenue technology, since in 2023 earnings totaled 272,690 million pesos, an unprecedented determine since information have been recorded within the supervisory physique.
The most recent replace of information from the CNBV signifies that, till April, the group of banks created reserves that totaled 57,770 million pesos, whereas, in the identical month, however final 12 months, the determine amounted to 43,893 million pesos, which suggests a rise of 25.7 p.c in actual phrases.
For its half, the monetary margin – which is the distinction between the curiosity paid to savers and people collected from debtors – reached 272 thousand 664 million pesos, an quantity 8.7 p.c increased when in comparison with the 239 thousand 684 million reported. till the identical month of the earlier 12 months.
Based on the CNBV, the steadiness of the credit score portfolio stood at 6 billion 965 thousand 554 million pesos, whereas in April of the earlier 12 months the determine amounted to six billion 399 thousand 417 million pesos, which suggests a rise of 4.1 p.c in actual phrases within the reference interval.
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– 2024-06-24 07:24:48
