October 19, 2017 / 9:43 PM / 2 months ago

Mexico's Banorte reports 25 pct rise in Q3 profit

MEXICO CITY, Oct 19 (Reuters) - Mexico’s Grupo Financiero Banorte, which owns one of the country’s largest banks, said on Thursday its net profit was 25 percent higher in the third quarter.

Banorte said net profit rose to 6.219 billion pesos ($342 million) during the three-month period ending September.

$1 = 18.1785 pesos Reporting by Stephanie Eschenbacher; Editing by Sandra Maler

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