Business · Companies · 3 hrs ago
Nu México reports August loan figures after becoming a bank
Nu México began operating as a bank in Mexico on August 6, 2026.
Figures from Mexico’s banking regulator, the CNBV, show its loan performance in August, its first month as a bank.
Delinquency was 8.37% for personal loans and 6.46% for credit cards.
The figures also show Nu México had assets of 112.6 billion pesos and consumer loans totaling 33.0 billion pesos.
The figures come as Nu enters a market with strong competition from established banks.
The company is also changing its leadership: Estephany Paulette Ley is due to replace Armando Herrera as chief executive in November.
Herrera will support the transition until January 2027, while Rodrigo Kuri has taken over as chair of the Mexican subsidiary’s board.
CNBV figures for August show Nu México reported assets of 112.638 billion pesos and consumer loans of 32.966 billion pesos.
The bank reported 8.37% delinquency on personal loans and 6.46% on credit cards.
Nu México began operating as a bank in Mexico on August 6, 2026.
It reported a profit of 399 million pesos for August.
The report also says Estephany Paulette Ley is due to replace Armando Herrera as chief executive in November.
- Who
- Nu México, which began operating as a bank in Mexico in August 2026.
- What
- It reported August loan and financial figures to the CNBV.
- When
- The figures are for August 2026.
- Where
- Mexico.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Nu México began operating as a bank in Mexico.
The CNBV figures reported by the article show Nu México’s loan and financial results for the month.
Estephany Paulette Ley is due to become chief executive, replacing Armando Herrera.
Armando Herrera is expected to complete his transition support as senior adviser to the bank’s CEO.
- Personal-loan delinquency
- 8.37%
- Credit-card delinquency
- 6.46%
- Assets
- 112.638 billion pesos
- Consumer loan portfolio
- 32.966 billion pesos
- August profit
- 399 million pesos
What people are saying
With Estephany at the helm of Nu México and Rodrigo as chair of the Board of Directors, we are strengthening both our day-to-day management and our strategic oversight and institutional relationships in the country.