Mexico's Banorte says 3rd-qtr net profit rises 15 pct on year
October 23, 2014 at 17:30 PM EDT
MEXICO CITY, Oct 23 (Reuters) - Grupo Financiero Banorte, Mexico's fourth-largest bank by assets, said on Thursday its third-quarter net profit rose 15 percent from the same period last year, mostly as a result of its increased stake in a pensions and insurance unit.
