Infonavit director general, Victor Manuel Borras, announced for next year a target of between 465 and 525 thousand credits, which would entail an investment of 160 billion pesos. Interviewed at the presentation of a new fund that specializes in housing certificates, said that in 2009, despite the economic crisis, the Institute will end up with between 450 and 475 thousand credits, ie 25 000 less compared to the target. He clarified, however, that failure to achieve the goal of credit for 2009 is due to the lack of houses and not resources. In this way, said Borrás Setién, the investment made during 2009 will amount to 140 000 million pesos. Emphasized that the Institute has a financial strength, reporting NPL of 4.9 percent "in accordance with international standards", 132 000 779 restructures formalized under the Guarantee Infonavit. He said the vast majority of loans granted and the portfolio were made between 2001 and 2009, about 3.2 million families have taken out a mortgage, which means over 60 percent of what is historically given. Thus, noted that 23 percent of Mexico's population lives in a house financed by Infonavit, even in states like Nuevo Leon the percentage is 52 percent. He added that more than 60 percent of credits go to workers earning less than six thousand 500 pesos. "This year alone we have awarded 384 thousand credits, despite being a difficult year, has been a year of crisis, but the fundamentals of the Institute has been well maintained, which has maintained the pace of lending." Regarding the evolution of the Housing Certificate Program, explained that the total amount issued by the Institute to 23 November this year to 46 000 799 million pesos, which has enabled the Institute to increase the lending capacity to their heirs. "Of the 2.5 million loans that the Institute has awarded since 2004, 10 percent has been achieved with funding from Cedevis emissions, which represents about 247 thousand credits, and in 2009 alone, around 60 000 loans granted have been financed by this instrument. "
Sunday, February 28, 2010
What Makes Me A Good Nurse Essay
Infonavit director general, Victor Manuel Borras, announced for next year a target of between 465 and 525 thousand credits, which would entail an investment of 160 billion pesos. Interviewed at the presentation of a new fund that specializes in housing certificates, said that in 2009, despite the economic crisis, the Institute will end up with between 450 and 475 thousand credits, ie 25 000 less compared to the target. He clarified, however, that failure to achieve the goal of credit for 2009 is due to the lack of houses and not resources. In this way, said Borrás Setién, the investment made during 2009 will amount to 140 000 million pesos. Emphasized that the Institute has a financial strength, reporting NPL of 4.9 percent "in accordance with international standards", 132 000 779 restructures formalized under the Guarantee Infonavit. He said the vast majority of loans granted and the portfolio were made between 2001 and 2009, about 3.2 million families have taken out a mortgage, which means over 60 percent of what is historically given. Thus, noted that 23 percent of Mexico's population lives in a house financed by Infonavit, even in states like Nuevo Leon the percentage is 52 percent. He added that more than 60 percent of credits go to workers earning less than six thousand 500 pesos. "This year alone we have awarded 384 thousand credits, despite being a difficult year, has been a year of crisis, but the fundamentals of the Institute has been well maintained, which has maintained the pace of lending." Regarding the evolution of the Housing Certificate Program, explained that the total amount issued by the Institute to 23 November this year to 46 000 799 million pesos, which has enabled the Institute to increase the lending capacity to their heirs. "Of the 2.5 million loans that the Institute has awarded since 2004, 10 percent has been achieved with funding from Cedevis emissions, which represents about 247 thousand credits, and in 2009 alone, around 60 000 loans granted have been financed by this instrument. "
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