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April 28, 2015 3:09 PM ET

Banks

Company Overview of BBVA Bancomer, S.A.

Company Overview

BBVA Bancomer, S.A. provides various commercial, corporate, and government banking products and services in Mexico. The company accepts deposits, and grants loans and credits. It also deals in securities and derivatives, and holds trust contracts, as well as is involved in the treasury and other operations. The company was formerly known as Bancomer and changed its name to BBVA Bancomer, S.A. in January 2001. The company was founded in 1932 and is headquartered in Mexico City, Mexico. BBVA Bancomer, S.A. operates as a subsidiary of Grupo Financiero BBVA Bancomer SA de CV.

Avenida Universidad #1200

Col. Xoco

Mexico City, DF 03339

Mexico

Founded in 1932

Phone:

55 5 621 3434

Key Executives for BBVA Bancomer, S.A.

Head of Insurance Unit
Compensation as of Fiscal Year 2014.

BBVA Bancomer, S.A. Key Developments

BBVA Bancomer, S.A. Announces Expansion Plans

BBVA Bancomer plans to open at least 30 new offices in the northern state of Nuevo Leon in 2015 and 2016. In two years BBVA Bancomer has expanded its network in Nuevo Leon from 60 to 90 offices, and this number is expected to reach 120 by the end of 2016. The expansion is part of the company's investment programme for 2013-2016, which envisages total expenditures of USD 3.5 billion for remodeling of the existing offices and construction of new ones, development of strategies, modernisation of the technological platform and installation of cash machines throughout Mexico. Nationwide, BBVA Bancomer has remodeled more than 700 offices and there are 700 more to go, adding that including the new offices the company expects to have a total of 2,000 offices in Mexico at the end of 2016. By the end of this year, some 75% of the renovation and expansion plan will have been completed.

BBVA Bancomer, S.A. Presents at KBW European Financials Conference 2014, Sep-15-2014

BBVA Bancomer, S.A. Presents at KBW European Financials Conference 2014, Sep-15-2014 . Venue: London, United Kingdom.

BBVA Bancomer, S.A. Presents at KBW UK & European Financial Conference, Sep-16-2014

BBVA Bancomer, S.A. Presents at KBW UK & European Financial Conference, Sep-16-2014 . Venue: 7th Floor, One Broadgate, London EC2M 2QS, United Kingdom.

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