BNU reports a year-on-year profit growth of 13.6%
Banco Nacional Ultramarino (BNU) de Macau reported a net profit of 358.3 million patacas in the first nine months of the year, a 13.6% increase from the previous year. The bank's financial margin reached 666.3 million patacas, up 5.3% year-on-year, supported by credit growth despite lower interest rates affecting asset profitability. The bank noted stable service and commission results, while financial operations results declined due to reduced foreign exchange gains. Credit granted rose to approximately 27.9 billion patacas, a 6.3% increase from September 2025. The bank's non-performing loan ratio remained low, and its solvency ratio exceeded regulatory requirements, reflecting a strong capital position. BNU is part of the Caixa Geral de Depósitos group and plays a key role in Macau's economy.
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