September 24, 2016 8:49 PM ET

Banks

Company Overview of Banco Inbursa, S.A., Institución de Banca Múltiple, Grupo Financiero Inbursa

Company Overview

Banco Inbursa, S.A., Institución de Banca Múltiple, Grupo Financiero Inbursa provides private banking services to individuals and companies in Mexico. It operates in three segments: Credit Operations, Money Market and Capital Market Transactions, and Transactions with Derivatives and Foreign Currencies. The company offers personal accounts, checking accounts, transfer accounts, and savings accounts for children. It also provides credit services, credit cards for domestic and international use, credit for SMEs, financing for companies, and car and life insurance, as well as health insurance for employees. The company distributes its products and services through call centers, Internet portal,...

Av. Paseo de las Palmas 750

Col. Lomas de Chapultepec III Sección

Miguel Hidalgo

Mexico City, DF 

Mexico

Founded in 1993

Key Executives for Banco Inbursa, S.A., Institución de Banca Múltiple, Grupo Financiero Inbursa

Chief Executive Officer, Director and Chairman of Risk Committee
Age: 61
Chief Finance Officer and Member of Risk Committee
Operations and Telecommunications Manager
Chief Executive Officer of Fianzas Guardiana Inbursa
Chief Executive Officer of Operadora Inbursa
Compensation as of Fiscal Year 2016.

Banco Inbursa, S.A., Institución de Banca Múltiple, Grupo Financiero Inbursa Key Developments

Banco Inbursa Reports Earnings Results for the First Quarter of 2016

Banco Inbursa reported earnings results for the first quarter of 2016. For the quarter, the company reported interest income rose 37% year-on-year to MXN 5.7 billion on the back of 62% growth in the financial margin and loan portfolio expansion. The company posted market related losses of MXN 2.0 billion compared to MXN 1.3 billion of such losses in the year ago quarter. The losses were due to a decrease in long term interest rates that hit market valuation of the bank's financial assets.

Banco Inbursa Reports Earnings Results for the Second Quarter of 2015

Banco Inbursa reported earnings results for the second quarter of 2015. The company registered an 8% year-on-year increase in second quarter net income. The bank's profit for the period was MXN 4.12 billion.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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