Gentera, S. A. B. de C. V. Reports Earnings Results for the Fourth Quarter and Full Year of 2018
February 27, 2019 at 10:00 am EST
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Gentera, S. A. B. de C. V. reported earnings results for the fourth quarter and full year of 2018. For the quarter, the company’s net interest income showed a 3.6% increase compared to fourth quarter of 2017.
The company closed 2018 with an accumulated net income of MXN 2,990 million.
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. 
