BanRegio
Banregio Grupo Financiero, S.A.B. de C.V., doing business as BanRegio (Banco Regional S.A.), is a Mexican regional bank headquartered in San Pedro, near Monterrey, Mexico. It offers services mainly for small and medium-sized companies, such as business loans, leasing, factoring and working capital loans.[1]
Type | Sociedad Anónima Bursátil de Capital Variable |
---|---|
BMV: RA O | |
Industry | Finance and Insurance |
Founded | 1994 |
Headquarters | Monterrey, Mexico |
Number of locations | 159 branches |
Area served | 44 cities in 19 Mexican states |
Key people | Manuel Rivero Santos (Chairman) Manuel Rivero Zambrano (CEO) |
Services | business loans, leasing, factoring, working capital loans |
Revenue | Mx$ 7.7 billion (2014) US$ 563 million |
Mx$ 3.6 billion (2019) US$ 123 million | |
Total assets | Mx$ 141.9 billion (2019) US$ 6.5 billion |
Number of employees | 3,000 |
Subsidiaries | Banco Regional Start BanRegio |
Website | www.banregio.com |
BanRegio operates 156 branches in 44 cities in central and northern Mexico. It has 298 ATMs and more than 12,000 points of sale terminals. More than 80% of its revenues come from services from small and medium-sized companies. Its performing loan portfolio is US$4 billion, almost half of it is originated in Nuevo Leon.[2]
Banregio Grupo Financiero was listed on the Mexican Stock Exchange on 2011 and is a constituent of the IPC, the main benchmark index of Mexican stocks.