Grupo Elektra SAB de CV - Company Profile
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Business Description
Grupo Elektra SAB de CV (Grupo Elektra) offers specialized finance and trade services to retail and corporate clients. It offers short-term non-bank loans in the US to middle-income groups. The company operates through 6,150 points of sales through its Elektra, Banco Azteca, Salinas y Rocha, and Purpose Financial branches. Of these 5,335 were in Mexico, 815 in the US.
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Business Segments
Overview
Includes the sale of various products and services such as motorcycles, mobile phones, telephony, home appliances, household items, entertainment, consumer electronics, furniture, computers, electronic money transfers, extended warranties, and mobile phone airtime. This segment operates mainly in Mexico and Central America. The prominent key brands associated with this segment are Elektra and Salinas y Rocha.
Performance
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Overview
Operates in Latin America and the USA, providing a range of financial services under the Azteca brand. The flagship brand is Banco Azteca in Mexico. The segment serves industries such as consumer credit, personal and commercial loans, saving deposits, time deposits, credit cards, and other consumer financing services. It also offers insurance products, pension fund administration services, and brokerage services. The key brands associated with this segment are Banco Azteca, Seguros Azteca, Seguros Azteca Daños, Afore Azteca, Punto Casa de Bolsa, and PF.
Performance
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Geographical Segments
Target Markets
Guatemala, Honduras, and Panama.
Performance
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Performance
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Target Markets
The US.
Performance
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