Bancomer

Description

Grupo Financiero BBVA Bancomer
Description

Grupo Financiero BBVA Bancomer (GFBB) is a private financial institution with important presence in Mexico that offers a wide range of financial products and services. Its main activity is done through BBVA Bancomer (the Bank), leading banking subsidiary in Mexico in terms of deposits, loan portfolio, number of ATMs and number of branches.

	March 12	March 13
Gross Loan portfolio (mp)	632,180	661,922
Deposits (mp)	649,289	654,272
Employees	36,110	38,921
Branches	1,813	1,793
Branches market share (%)	15.42	14.503
ATM’s	7,806	7,674
ATM’s market share (%)	20.52	19.20

mp = million pesos
*February 2013

GFBB is a subsidiary company of Banco Bilbao Vizcaya Argentaria (BBVA), one of the leading financial groups in Europe and considered one of the largest among the Eurozone. BBVA is a financial group with high solvency and profitability; it has presence in 32 countries worldwide, highlighting its commitment to Latin America where it forms the leading financial franchise.

	March 12	March 13
Employees	111,306	114,245
Capital Market (me)	29,257	36,851
Branches	7,895	7,466

me = million euros

Business model structure

The BBVA Bancomer business model consists of customer care and specialized product and service distribution for every type of customer. BBVA Bancomer holds a philosophy of risk control and a long term objective of growth and profitability.

The Group works toward a better future for people and offers its customers a mutually beneficial relationship, proactive service, consulting and comprehensive solutions.

Individuals	Enterprise
Private	Corporate
High worth individuals	Middle-Market and Govermment

Personal	SMEs
Preference service	Microbusinesses
Banking	Express Banking
Express Banking

GFBB also participates actively in the non-bank financial services market leading businesses such as insurance, pension funds, asset management, retirement funds management and investment funds.

NON-BANK FINANCIAL SERVICES

Group subsidiaries

Hipotecaria Nacional (limited-purpose finance company dedicated to the business mortgage)
	Mar 12	Mar 13
Utilidad neta (mdp):	15	8

Seguros Bancomer (home, auto and life insurance distributed through the bank network)
	Mar 12	Mar 13
Net Profit (mp):	823	1,021
Written Premiums (mp):	5,303	4,749

Pensiones Bancomer (annuity products distribution)
	Mar 12	Mar 13
Net Profit (mp):	314	90

Bancomer Gestión (investment funds management)
	Mar 12	Mar 13
Utilidad neta (mdp):	82	80

Casa de Bolsa Bancomer (brokerage services, investment banking and advisory):
	Mar 12	Mar 13
Utilidad neta (mdp):	157	208

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