Grupo Elektra SAB de CV - Company Profile
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Grupo Elektra SAB de CV (Grupo Elektra) is a Mexican-based company with a significant presence in the retail and financial services sectors. The company's primary activities include specialized trade, banking, and credit services, and other financial services such as short-term cash advances, insurance, and reinsurance services. Grupo Elektra offers a wide range of goods and services, including money transfers, loans, credits, and investments in securities. Its products and services are primarily targeted towards the middle and low-income economic sectors, focusing on various industries such as retail, banking, and insurance. Grupo Elektra distributes its solutions through stores and branches across the US, and Central America. Grupo Elektra is headquartered in Mexico.
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Products and Services
| Products | Services | Brands |
|---|---|---|
| Consumer Financing | Brokerage Services | Grupo Elektra |
| Life Insurance | Pension Fund Administration Services | |
| Accident Insurance | Telephone | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In September, the company and Western Union entered into a partnership to receive money in Mexico by sending a message through Chatbot. |
| 2020 | Divestiture | In November 2020, the group announced the sale of Banco Azteca del Peru to a group of Peruvian investors. |
| 2019 | Divestiture | In June, the group sold Banco Azteca El Salvador to Grupo Perinversiones. |
Competitor Comparison
| Key Parameters | Grupo Elektra SAB de CV | Grupo Financiero Inbursa SAB de CV | Banco Santander Mexico SA | BanCoppel SA | BBVA Mexico SA |
|---|---|---|---|---|---|
| Headquarters | Mexico | Mexico | Mexico | Mexico | Mexico |
| City | Mexico, D.F. | Miguel Hidalgo | Alvaro Obregon | Mexico City | Mexico City |
| State/Province | Mexico | - | - | - | Distrito Federal |
| No. of Employees | 67,078 | 9,761 | - | - | - |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ricardo B. Salinas Pliego | Chairman | Executive Board | 1987 | - |
| Hector O. Romero | General Director-Punto Casa de Bolsa | Senior Management | - | - |
| Elena Alti Ortiz | Marketing Director | Senior Management | 2022 | - |
| Eduardo Benigno Parra Ruiz | General Director - Afore Azteca | Senior Management | 2015 | - |
| Gabriel Alfonso Roqueni Rello | General Legal Director | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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