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In the second quarter of the year, Grupo Financiero Santander reported a profit of 5 thousand 171 million pesos, 12.1% over the same period of the previous year.
In accumulated in the first half of the year, Santander obtained a profit of 9 thousand 898 million pesos, 8.9% higher than that recorded in the first half of 2017.
In his As a result of the April-June period, the group recorded growth of 10.6 percent of its current total credit portfolio, with a total balance of 652 billion pesos, compared to the same period of 2017.
According to Santander, growth of 14.7% in companies and 10.5% in SMEs was reported in the second quarter. In consumer credit, it recorded a growth of 5.7% over one year without taking into account a credit card.
Regarding plastics, Santander recorded an increase of 5.6%. "We are working towards our goal of attracting new customers," said General Manager Hector Grisi.
According to the director, Santander is in the improvement of the customer experience, develop a quality culture and implement digitization initiatives.
The group maintains the investment process for more than 15 billion pesos that it covers from 2017 to 2019.
In the second quarter of the year, Santander's customers added 16 million with 13% growth and ATMs. automatic reached 7 thousand 778 with a growth of 10.9%.
In as much, offices and branches added a thousand 376, figure that no longer includes stock exchange offices, given the change from Grupo Financiero Santander to Banco Santander México, in January of this year.
Santander added that its delinquency rate in the second quarter of the year was 2.46%, which represents an increase of 17 basis points. Regarding the 2.29% recorded in the previous period
During this year, Santander will concentrate 53% of its investment plan of 15 billion pesos for the improvement of bank branches and ATM renewal.
For this year, the firm plans to install 600 new-generation ATMs as well as strengthening digital banking services.
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