Scotiabank Inverlat has 6.7% Market Share in Mexico

Business News Americas, Maria Alejandra Moreno, 13 September 2006Mexico's private sector banks reported a 17.9% increase in first half net profits thanks to strong lending and fees revenues.Net income reached 29.5bn pesos (US$1.19bn) compared with 24.2bn pesos for the same period last year, banking and securities regulator CNBV reported.Average ROE was up 2.46 percentage points to 21.5% in the