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RSS FeedsFINDEPīs 3Q17 Loan Portfolio grew to Ps.7,820.3 million, a 9.0% growth YoY, the highest rate in over 5 years
(WorldNews Mexico)

 
 

20 october 2017 04:06:17

 
FINDEPīs 3Q17 Loan Portfolio grew to Ps.7,820.3 million, a 9.0% growth YoY, the highest rate in over 5 years
(WorldNews Mexico)
 


Page 1 of 18 Financiera Independencia 3Q17 Results Contact: Antonio Jorge Investor Relations Officer +52 (55) 5229-0237 ajorgeg@independencia.com.mx Financiera Independencia 3Q17 For Immediate Release FINDEP`s 3Q17 Loan Portfolio grew to Ps.7,820.3 million, a 9.0% growth YoY, the highest rate in over 5 years1 Loan Portfolio of Ps.7,820.3 million, a 9.0% increase YoY. NPL Ratio of 5.9%, 51 bps higher than in 3Q16, though well below the industry`s average of 7.4%2 and the Company`s target of 7.0% for 2017. Net Income of Ps.60.5 million, a 25.2% contraction vs. 3Q16; mostly impacted by extraordinary costs related with the refinancing of the Company`s debt. If these extraordinary costs3 are not...


 
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