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Grupo Financiero BBVA Bancomer, S.A. de C.V. · México, D.F. Mexico

Company Description

Av. Universidad 1200 Col. Xoco
México, D.F.
03339
Mexico (Map)
Phone: +52-55-5621-3434
Fax: +52-55-5621-6161-15721
    Grupo BBVA Bancomer (GFBB) is no newcomer in Mexico. With roots going back 150 years, it owns BBVA Bancomer (one of Mexico's largest banks, along with Banco Santander Serfin and Citigroup's Banamex) -- no newcomer itself at 75 years old. Bancomer operates some 1,900 branches and 5,600 ATMs and carries about one-fifth of Mexico's retail banking market. In addition to retail banking, the group offers corporate, private, and mortgage banking as well as investment and government banking services. Non-banking subsidiaries include pension fund manager Afore Bancomer, annuities firm Pensiones Bancomer, mortgage lender Hipotecaria Nacional, and property/casualty and life insurer Seguros Bancomer. To read the full description, subscribe now.
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    Key Grupo Financiero BBVA Bancomer, S.A. de C.V. Financials

    Company TypeSubsidiary

    Headquarters
    Fiscal Year-EndDecember
    Annual Sales (mil.)$61,099.0
    Employees32,833

    Grupo Financiero BBVA Bancomer, S.A. de C.V. Executives

    13 executives listed for Grupo Financiero BBVA Bancomer, S.A. de C.V.'s México, D.F.,  location.
    TitleName & BioContact
    Chairman and CEOFrancisco González RodríguezNetwork
    President, COO and DirectorJosé Ignacio Goirigozarri TellaecheNetwork
    Director and SecretaryJosé Maldonado RamosNetwork

    Competition

    Competitive Landscape for Grupo Financiero BBVA Bancomer, S.A. de C.V.
    Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.
    Top Grupo Financiero BBVA Bancomer, S.A. de C.V. Competitors
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