Banco Santander México Reports Third Quarter 2020 Net Income of Ps.5,030 Million

PRNewswire

Oct 29, 2020

- Started moving towards normalizing our operations

- Focused on secured segments, such as mortgages, government and auto loans, which have smaller margins, but lower risk profiles

- Maintaining strong capital and liquidity positions

- Net income down 8.8% YoY, with sequential recovery of 18.9%, mainly impacted by soft net interest income and benefited by resilent fees and market related income

PR Newswire

MEXICO CITY, Oct. 28, 2020

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