Mexico's Banorte says 2nd-qtr profit rises 16 pct

jueves 24 de julio de 2014 17:20 GYT

MEXICO CITY, July 24 (Reuters) - Mexico's fourth-largest bank by assets, Grupo Financiero Banorte, on Thursday said its second-quarter profit rose 16 percent as it increased lending and took in more deposits.

The bank's quarterly profit rose to 3.739 billion pesos ($288 million) in the April-June period. (Reporting by Christine Murray; Editing by Lisa Shumaker)