Gentera, S.A.B. De C.V. Reports Earnings Results for the Third Quarter Ended September 30, 2020
October 26, 2020
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Gentera, S.A.B. De C.V. Announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced net interest income was MXN 3,482 million compared to MXN 5,248 million a year ago. Net loss was MXN 1,939 million compared to net income of MXN 939 million a year ago. For the nine months, net interest income was MXN 12,735 million compared to MXN 15,232 million a year ago. Net loss was MXN 1,880 million compared to net income of MXN 2,482 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. 
