The Mexican Real Estate Bank (BIM), in the voice of its founder and Chairman of the Board, Víctor Manuel Requejo, recognized that the economic situation that brought on the Covid-19 pandemic is a challenging event for financial institutions in the real estate sector.

In this sense, he observed that some of his main challenges for the end of the year and early 2021 are the following:

• Maintain financial stability at the end of the year
• See that next year their services do not decline
•  Maintain the NPL ratio of the portfolio below 4.4%
•  Recover the position that the system had at the end of 2019
• Growth and cleaning of assets impacted by the pandemic

Complete article (Spanish)