Banregio Grupo Financiero, S.A.B. de C.V.
TypeSociedad Anónima Bursátil de Capital Variable
BMV: RA O
IndustryFinance and Insurance
Founded1994 (1994)
HeadquartersMonterrey, Mexico
Number of locations
159 branches
Area served
44 cities in 19 Mexican states
Key people
Manuel Rivero Santos
(Chairman)
Manuel Rivero Zambrano
(CEO)
Servicesbusiness loans, leasing, factoring, working capital loans
RevenueIncrease Mx$ 7.7 billion (2014)
Increase US$ 563 million
Increase Mx$ 3.6 billion (2019)
Increase US$ 123 million
Total assetsIncrease Mx$ 141.9 billion (2019)
Increase US$ 6.5 billion
Number of employees
3,000
SubsidiariesBanco Regional
Start BanRegio
Websitewww.banregio.com

Banregio Grupo Financiero, S.A.B. de C.V., doing business as BanRegio (Banco Regional S.A.), is a Mexican regional bank headquartered in San Pedro Garza García, near Monterrey, Mexico. It offers services mainly for small and medium-sized companies, such as business loans, leasing, factoring and working capital loans.[1]

BanRegio operates 156 branches in 44 cities in central and northern Mexico. It has 298 ATMs and more than 12,000 points of sale terminals. More than 80% of its revenues come from services from small and medium-sized companies. Its performing loan portfolio is US$4 billion, almost half of it is originated in Nuevo Leon.[2]

Banregio Grupo Financiero was listed on the Mexican Stock Exchange on 2011 and is a constituent of the IPC, the main benchmark index of Mexican stocks. In 2015, Banregio has helped more than 60,000 small and medium-sized enterprises (SMEs) with the intention of guiding Banregio on a different path than traditional banking. The mission is not easy for banks since international organizations recommend banks to open more the key of credit to small businesses, but for the director Manuel Rivero Zambrano he considers that credit should not necessarily be the main business of banking.[3] In 2020, The Banker named Banregio as the best bank in Mexico for its performance entering the ranking of the "1000 best banks in the world" through a publication with a 50th anniversary edition of The Banker listing the best banks for their performance.[4]

References

  1. ↑ BanRegio 2014 Annual Report
  2. ↑ BanRegio Corporate Presentation
  3. ↑ "Estudio de tiempo de progresión y sobrevida global en pacientes con cáncer renal de células claras metastásico tratados con Sunitinib en el servicio de Oncología del Hospital Carlos Andrade Marín en el período comprendido entre enero de 2010 a diciembre de 2012". doi:10.36015/cambios.v14.n24.2015.192. {{cite journal}}: Cite journal requires |journal= (help)
  4. ↑ Advertorial, Forbes. "Banregio es nombrado el banco con mejor desempeño en México por The Banker". Forbes México (in Mexican Spanish). Retrieved 2022-06-14.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.