January 28, 2015 2:17 PM ET

Consumer Finance

Company Overview of Banco Compartamos, S.A., Institución de Banca Múltiple

Company Overview

Banco Compartamos, S. A., Institución de Banca Múltiple operates as a microfinance bank in Latin America. It offers credit finance for women for investment in their business; merchant credit for men and/or women entrepreneurs; business credit; credit finance for home improvement; and emergency credit, an individual credit with a personal guarantee to customers who have lost their businesses resulting from natural disasters. The company also provides Seguro de vida, a life insurance product; and Seguro de Vida Integral, a life insurance product for immediate expenses deriving from death, terminal disease, total and permanent disability, such as medical expenses and funeral expenses, business ...

Av Insurgentes Sur No 553

1ER Piso de Oficinas Esquina Con Viaducto

Col Escandón

Mexico City, DF 11800

Mexico

Founded in 1990

Phone:

52 55 5276 7250

Fax:

52 55 5276 7279

Key Executives for Banco Compartamos, S.A., Institución de Banca Múltiple

Chief Financial Officer and Member of Risk Committee
Chief Operating Officer
Executive Director
Age: 46
General Counsel and Secretary
Compensation as of Fiscal Year 2014.

Banco Compartamos, S.A., Institución de Banca Múltiple Key Developments

Banco Compartamos Seeks Acquisitions

Banco Compartamos, S.A., Institución de Banca Múltiple seeks acquisitions. Banco Compartamos is eyeing the Colombian and El Salvadorian markets, following its $155 million bond placement during the week ending June 6, 2014. Compartamos Finance Director Patricio Diez de Bonilla said the bank would also look to strengthen its presence in Guatemala and Peru, while evaluating the possibility of entering Colombia and El Salvador. Diez de Bonilla said the firm is aiming to expand its credit portfolio by 17% this year, either organically or through acquisitions.

Banco Compartamos, S.A., Institución de Banca Múltiple Announces Financial Results for the Third Quarter Ended September 30, 2013

Banco Compartamos, S.A., Institución de Banca Múltiple announced financial results for the third quarter ended September 30, 2013. Net income was MXN 548 million, 4.0% higher than third quarter of 2012.

Banco Compartamos, S.A., Institución de Banca Múltiple Reports Earnings Results for the Second Quarter Ended June 30, 2013

Banco Compartamos, S.A., Institución de Banca Múltiple reported earnings results for the second quarter ended June 30, 2013. For the quarter, the company reported net income of MXN 579 million, 36.9% higher second quarter of 2012.

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