07 Jun 2016
Since the 2013 education reforms were enacted and included in the Constitution, education has become one of the fundamental priorities for Mexico’s government and society alike. Reforming the country’s enormous and complex education system will be beneficial for all Mexican institutions and social partners. BBVA Bancomer has been supporting efforts to drive this progress for many years, via its scholarship and education support programs.
BBVA Bancomer’s outstanding loan portfolio is growing at a rate of 13%, meaning that the financial institution is continuing its support and cover of the credit needs of corporate banking, retail banking, and SMEs and consumer finance, thus underpinning economic growth.
06 Jun 2016
The Energy Reform is the second largest change to the energy sector in the last 100 years. And according to José Antonio González Anaya, General Manager of the state company Petróleos Mexicanos (Pemex), Pemex has played a fundamental role in this change.
“Improving productivity is the biggest challenge that companies face today”, said BBVA Executive Chairman Francisco González at BBVA Bancomer’s National Directors Meeting today. During the event, which took place in Mexico City, Francisco González said that increasing productivity is “a process that is neither smooth nor homogeneous, but one that is essential for every company, and also for the banking sector.”
Mexico’s commitment to stability and reform is producing positive impacts on employment, improved purchasing power for salaries and domestic demand, which has become the driver of economic growth in Mexico, according to the Finance and Public Credit Secretary, Luis Videgaray.
Mexico’s President, Enrique Peña Nieto, brought the work of the National Meeting of BBVA Bancomer Directors to a close, saying confidence in the country was strong, as demonstrated by 110 billion dollars of direct foreign investment over the last thee years.
13 Apr 2016
BBVA’s Bancomer Transfer Services, which handles a sizeable chunk of the funds sent each year to Latin America, the largest remittances corridor in the world, teamed up with media giant Univision’s products and services division to launch a digital money transfer service for the Hispanic community.
19 Feb 2016
Nothing can stop Nori Gallegos [BBVA Bancomer, Mexico]. She knows that with patience and lot of teamwork, no distance is too far and no challenge too difficult. “Nothing is impossible. You have to dream big and work every day to make them come true,” she says.