In the fourth quarter of 2024, the bank reported a growth in the consumption portfolio of 11% compared to the same period of 2023.
Within this consumer portfolio, the auto credit and credit card were the segments that led the growth. The defeated portfolio of the bank fell to 0.93% and the accumulated net profit was 56,188 million pesos; 7% more than in 2023.
Bineo triggers his delinquency
Meanwhile, Bineo, the Banorte Digital Bank that has almost a year of operation, triggered the breach rate, according to figures from the National Banking and Securities Commission (CNBV).
The regulator said that in November the delinquency index was 16.9% compared to 9.67% in October. However, the double digit figure is not an indicator that worries the bank.
“Due to the market where (bineo) and due to the speed of growth as it is the portfolio index (defeated),” said Marcos Ramírez. “It does not scare us, we knew that was going to happen and that’s why we are involved in that and that’s why we have the other bank.”
The next quarter, Banorte plans to make an advertisement in which they will release more expansion details of the bank, especially for young people.
