Gentera profit exceeded 1,000 million pesos


In the first quarter of 2022, Gentera, whose main asset is Compartamos Banco, achieved one of the five best profits in its history, and a record portfolio balance.

According to its results report, in the first quarter of 2022 it registered a profit of 1,005 million pesos, a growth of 165.9% compared to the same period in 2021, when it was emerging from the ravages of the pandemic.

As for the group’s credit portfolio, it reached the highest figure in its history, with a balance of 49,321 million pesos, which represented an increase of 23.6% compared to 39,889 million in the first quarter of 2021.

BanBajío was another of the banks that reported results this Wednesday, and its profit was 1,526 million pesos, 61.5% more than in the first quarter of 2021, when it was 945 million.

Although its total portfolio remained at similar levels, the business or commercial portfolio, its strategic niche, grew 2.7%, highlighting the 5.2 percent rebound in agribusiness. The consumer portfolio increased 14.9%, driven by the increase in credit cards and payroll loans.

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