August 27, 2014 9:22 AM ET

Banks

Company Overview of Banco Regional de Monterrey S.A. de C.V.

Company Overview

Banco Regional de Monterrey S.A. de C.V. provides banking products and services for the small and medium size businesses in Mexico. The company offers personal accounts, including traditional, master, and basic payroll account; credit cards; and personal and car loans. It also provides business accounts, business credit cards, business loans for acquisition of assets, factoring, financial leasing, automotive leasing, car loans, and auctions. In addition, the company offers various mortgage products comprising home, ground, zero, remodeling, completion of work, and improvement mortgage; insurance products consisting of car, life, accidents, and home; electronic banking; foreign exchange, swap...

Avenida Vasconcelos 142 Ote

Colonia del Valle

San Pedro Garza Garcia, NL 66220

Mexico

Founded in 1994

Phone:

52 8 183 998585

Fax:

52 8 378 6814

Key Executives for Banco Regional de Monterrey S.A. de C.V.

Banco Regional de Monterrey S.A. de C.V. does not have any Key Executives recorded.

Banco Regional de Monterrey S.A. de C.V. Key Developments

Banregio Announces Earnings Results for the Third Quarter of 2013

Banregio announced earnings results for the third quarter of 2013. For the period, the company reported net income of MXN 329 million or MXN 1 per share. Earnings grew 8.6% compared to same quarter last year and up 7.2% from the previous quarter. ROE amounted to 16.8% compared to 17.8% in last year. Net interest income growth was slight at 10.6% compared to last year as margins came under pressure from September's interest rate cut. As a result, the net interest margin fell 10 basis points to 3.8% in this quarter from 3.9% in the previous quarter and from 4.3% from last year.

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