CREDITO REAL'S UPDATE PRESENTATION.
02 Diciembre 2016 - 1:02PM
BMV General Information
MEXICO CITY, DECEMBER 2ND 2016. CREDITO REAL, S.A.B DE C.V., SOFOM,
E.R. ("CREDITO REAL") ANNOUNCES THAT YESTERDAY IT HOSTED ITS
"CREDITO REAL'S UPDATE PRESENTATION", DISCLOSING MANAGEMENT'S
PERSPECTIVE ON RECENT ECONOMIC AND POLITICAL MATTERS AND THE
INFLUENCE OF THESE ON THE BUSINESS AS WELL AS DISCLOSING STRESS AND
SENSITIVITY SCENARIOS AND THE EFFECT ON ITS NEAR FUTURE STRATEGY.
HIGHLIGHTS DISCUSSED DURING CREDITO REAL'S PRESENTATION
INCLUDE:
- CREDITO REAL'S STRENGTH ON ECONOMIC CHALLENGES DUE TO A STRONG
CAPITALIZATION, A HIGH PERCENTAGE OF ITS LOAN PORTFOLIO BEING
NEUTRAL TO ECONOMIC CYCLES AND CONSIDERABLE AMOUNT OF INTEREST
INCOME ON STABLE CURRENCIES AS WELL AS A GOOD BALANCE ON THE ASSETS
AND LIABILITIES DURATION, AMONGST OTHERS.
- OBJECTIVE TO INCREASE THE FIXED DEBT FROM 27% TO APPROXIMATELY
45%. - STRESS SCENARIOS REGARDING A MASSIVE IMMIGRANT DEPORTATION
IN THE U.S.A AND ITS IMPACT ON CREDITO REAL'S CONSOLIDATED
FIGURES.
- STRESS SCENARIOS OF INTEREST-RATE HIKES AND ITS EFFECT ON ITS
MARGINS.THE PRESENTATION IS AVAILABLE AL CREDITO REAL'S WEBSITE
WWW.CREAL.MX
ABOUT CREDITO REAL:CREDITO REAL IS A LEADING FINANCIAL INSTITUTION
IN MEXICO, FOCUSING ON CONSUMER LENDING WITH A DIVERSIFIED BUSINESS
PLATFORM IN FIVE MAIN LINES OF BUSINESS: PAYROLL CREDITS, DURABLE
GOODS LOANS, SMALL BUSINESS LOANS, GROUP LOANS AND USED CAR LOANS.
CREDITO REAL OFFERS ITS PRODUCTS MAINLYTO THE LOW AND MIDDLE
SEGMENTS OF THE POPULATION THAT HAVE HISTORICALLY BEEN UNDERSERVED
BY OTHER FINANCIAL INSTITUTIONS.CREDITO REAL'S INVESTOR
RELATIONS:
PHONES: +52 (55) 5228 9753, +52 (55) 5340 5200EMAIL:
INVESTOR_RELATIONS@CREDITOREAL.COM.MX
JONATHAN RANGEL: JORANGEL@CREDITOREAL.COM.MXISRAEL BECERRIL:
IBECERRIL@CREDITOREAL.COM.MX
WEB PAGE: WWW.CREAL.MXCREDITO REAL SHARES ARE LISTED ON THE MEXICAN
STOCK EXCHANGE UNDER THE TICKER SYMBOL AND SERIES "CREAL*".
(BLOOMBERG IDENTIFICATION NUMBER IS CREAL* MM)