Mexico City. In the first two months of the year, private banks operating in Mexico once again broke the record of profits they generate here, with an amount of 48,368 million pesos, 12.8 percent higher than those reported in the same period of 2023. , which were 42,843 million pesos, the National Banking and Securities Commission (CNBV) reported this Wednesday.
The growth of the total credit portfolio and that of family consumption, which reflects the dynamism of the economy, was 8 and 15 percent, while that of financing for housing was just over 9 percent. .
According to CNBV figures, among the six main banks that operate in the country (those that in the event of bankruptcy would put the stability of the system at risk) which are BBVA, Santander, Banorte, Citibanamex, Scotiabank and HSBC, the profits They totaled 35,470 million pesos, which represents 73 percent of the total.
In the case of BBVA, profits totaled 15,262 million pesos, an increase of eight percent compared to what was reported between January and February 2023; In the case of Santander they reached four thousand 666 million, an increase of 6.8 percent; and in Banorte’s they were for seven thousand 65 million, an increase of 4.3 percent.
For its part, Citibanamex reported profits of 5,403 million pesos, an amount that doubles what was obtained in the first two months of 2023; HSBC obtained 1,247 million and Scotiabank obtained 1,827 million, which implied a decrease of 12.7 and 17.6 percent, respectively.
The financial margin, which is the difference between the interest charged to debtors and those paid to savers, was 134,170 million pesos. The above, since those collected reached 279 thousand 399 million pesos and those paid reached 145 thousand 230 million pesos.
According to the figures, the balance of the total credit portfolio reached six billion 780 thousand 785 million pesos, a figure that is 8.1 percent higher when compared to the six billion 270 thousand 787 million reported as of February of the previous year.
The delinquency rate was 2.09 percent, which is equivalent to about 141,718 million pesos, and decreased 0.01 percentage points compared to February 2023.
Specifically, the balance of the consumer portfolio, which includes credit cards, personal cards, automotive cards and payroll cards, reached an amount of one trillion 441 thousand 7 million pesos, which implied an increase of 15.9 percent with compared to what was reported in February 2023, which was one billion 243 thousand 126 million pesos.
In this sense, the delinquency rate was 3.31 percent, which is equivalent to about 47,697 million pesos and decreased 0.31 percentage points.
Regarding financing for housing (the mortgage sector), the balance of the total portfolio reached one trillion 343 thousand 312 million pesos, while in February 2023 the figure was one trillion 230 thousand 899 million pesos , which translates into an increase of 9.1 percent.
The delinquency rate was 2.69 percent, which is equivalent to about 36,135 million pesos, and increased 0.11 percentage points.
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– 2024-04-26 17:27:05
