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Mexico's Banorte reports 23 pct rise in 2nd-qtr net profit
July 20, 2017 / 9:32 PM / 2 months ago

Mexico's Banorte reports 23 pct rise in 2nd-qtr net profit

MEXICO CITY, July 20 (Reuters) - Mexico’s Grupo Financiero Banorte, one of the country’s largest banks by assets, on Thursday reported a 23 percent rise in second-quarter net profit.

Banorte, the largest Mexican-owned bank in the country, said profit rose to 5.68 billion pesos ($313 million) during the three-month period.

$1 = 18.143 pesos on June 30 Reporting by Noe Torres; Editing by Leslie Adler

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