- Compartamos Banco
-
Banco Compartamos, S.A., Institución de Banca Múltiple 
Type Public (BMV:COMPART) Industry Banking Founded (1990) Headquarters Mexico City, Mexico Key people Carlos Labarthe Costas, (Chairman)
Fernando Álvarez Toca, (CEO)Products Financial Services Revenue 
US$ 434.1 Million (2010)Net income US$ 152.4 Million (2010)Total assets US$ 903.9 Million (2010)Employees more than 8,000 Website www.compartamos.com Compartamos Banco (BMV:COMPART) is a Mexican bank and its the largest microfinance bank in Latin America serving over more than 2 million clients. The bank was founded in 1990 and its headquartered in Mexico City.
The bank its also engaged in Credit and Insurance sector. In the Credit division, Compartamos offers a range of loans, including Woman Credit, Additional Credit, Home Improvement Credit, Solidarity Credit and Individual Credit asn in Insurance Division it provides Life Insurance and Integral Insurance. Has 352 services offices in the Mexican domestic market.
Contents
History
Accelerated population growth in Mexico and the rest of Latin America has surpassed the capacities that companies have to provide work, and people search to carry out production activities, known as micro-companies, to acquire income.
In 1990, within this context, the Income Generation Program was created by Compartamos Banco, providing opportunities and offering credit as a mean to make microbusiness grow and to contribute to Mexico’s development.
1990 - Commenced operations as NGO
2000 - Incorporated as a SOFOL
2006 - Transformed into a commercial bank
2008 - Incorporated to the IPC
Products and Services
Credit
Crédito Mujer (Women Credit) A credit granted personally to women in groups from 12 to 50 members, with solidarity guarantee, for investment in their business.
Crédito Comerciante (Merchant Credit) A group credit granted to groups of 5 to 8 entrepreneur men and/or women with solidarity guarantee.
Crédito Crece Tu Negocio (Grow your Business Credit), this grants a greater financing for men and/or women who need to make a stronger investment in their business, with a personal guarantee.
Crédito Mejora tu Casa (Home Improvement Credit), is granted to clients with a Crédito Mujer who need financing to build of improve their house.
References
IPC companies of MexicoAlfa · América Móvil · ASUR · Axtel · Banorte · Bolsa Mexicana de Valores · Cemex · Chedraui · Comercial Mexicana · Compartamos Banco · Consorcio Ara · Corporación Geo · Embotelladoras Arca · FEMSA · Genomma Lab Internacional · GAP · Grupo Bimbo · Grupo Carso · Grupo Elektra · Grupo México · Grupo Modelo · Gruma · Homex · Inbursa · Industrias CH · ICA · Kimberly-Clark · Mexichem · Peñoles · Soriana · Telmex · Televisa · TV Azteca · Urbi · Walmart México
Banks of Mexico Central Banks Development Banks Bancomext • Banjercito • Banobras • Bansefi • Financiera Rural • Nafinsa • Sociedad Hipotecaria Federal
Mexican banks Banca Afirme • Banca Mifel • Banco Ahorro Famsa • Banco Amigo • Banco Autofin • Banco Azteca • Banco Compartamos • Banco del Bajío • Banco Fácil • Banco Inbursa • Banco Interacciones • Banco Invex • Banco Monex • Banco Multiva • Banco Ve X + • Bancoppel • Banorte • BanRegio • Bansi S.A. • Ixe Banco
Foreign-owned Banks Banamex • Banco Santander • Banco Volkswagen Mexico • Banco Wal*Mart de Mexico Adelante • BBVA Bancomer • HSBC Mexico • Mitsubishi Bank • Prudential Bank • Scotiabank Inverlat • ING Mexico
Enlaces externos
Categories:- Banks of Mexico
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