Crédito Real, S.A.B. De C.V., Sociedad Financiera De Objeto Múltiple, Entidad No Regulada Reports Earnings Results for the Full Year Ended December 31, 2020
February 24, 2021 at 05:00 pm EST
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Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada announced earnings results for the full year ended December 31, 2020. For the full year, the company announced operating income was MXN 840.580 million compared to MXN 2,773.327 million a year ago. Net income was MXN 750.962 million compared to MXN 1,980.108 million a year ago.
Credito Real SAB de CV SOFOM ENR, formerly known as Credito Real SAB de CV Sofom ER, is a Mexico-based company that provides consumer financing. The Company provides loans, either by providing direct financing to consumers or by establishing financing programs with consumer financing dealers that sell to Credito Real the collection rights from consumer financing products. Additionally, It provides financing directly to individuals that are employed by corporations with payroll deduction agreements with consumer financing dealers authorized by Credito Real. It operates through a number of subsidiaries, including AFS Acceptance LLC.
Crédito Real, S.A.B. De C.V., Sociedad Financiera De Objeto Múltiple, Entidad No Regulada Reports Earnings Results for the Full Year Ended December 31, 2020
CRÉDITO REAL, S.A.B. DE C.V., SOCIEDAD FINANCIERA DE OBJETO MÚLTIPLE, ENTIDAD NO REGULADA 
