Gentera, S.A.B. De C.V. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 22, 2021 at 01:16 am EDT
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Gentera, S.A.B. De C.V. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was MXN 5,108 million compared to MXN 3,766 million a year ago. Net income was MXN 595 million compared to net loss of MXN 719 million a year ago. For the half year, net interest income was MXN 9,729 million compared to MXN 9,253 million a year ago. Net income was MXN 914 million compared to MXN 59 million a year ago.
Gentera SAB de CV (Gentera), formerly Compartamos SAB de CV, is a Mexico-based financial institution specialized in banking and credit services. Genteraâs main activities are: granting loans and credits to communal banks, community groups, low-income individuals; offering saving accounts, insurance policies, administration and human resources services, making payments of family remittance and granting operation with securities and other financial instruments. The Company operates in Mexico, the United States, Guatemala and Peru, through such subsidiaries as: Compartamos Banco, a micro-financing bank; Yastas, a network of affiliated merchants that provide payments and financial transactions, Pagos Intermex SA de CV, the payment of family remittances company and Aterna, an intermediary between the distribution channels and the insurance industry.
GENTERA, S.A.B. DE C.V. 
