BBVA Bancomer/2018 Annual Report
Economic Impact
GRI 103-1, 103-2, 103-3 and 201-1
BBVA Bancomer Financial Group is a key driver of Mexico's economic
development. For many years GFBB has demonstrated its commitment to
supporting Mexican savers, by building customer deposits in a secure and
efficient manner and driving their growth, while ensuring that their savings are
subject to appropriate oversight. The Bank also offers personalized financing
options and solutions to individuals and businesses that seek different forms
of funding.
This section contains figures that demonstrate the recurrent nature of BBVA Bancomer's results
and the Bank's robustness. This has been guaranteed via outstanding performance, shaped by a
well-established philosophy of risk control and sustained long-term profitability.
GFBB recognizes the importance of providing access to financial services. Which is why underlying
these financial results is a strategy based on the use of digital channels to furnish people with
financial products and services that are specially designed to create opportunities and support the
well-being of the population.
GFBB helps people make optimal financial decisions and thus generate a positive impact on
society. It aims to become a tool that can be harnessed to achieve goals, so people no longer view
us as just a bank.
GFBB helps people make
optimal financial decisions and
thus generate a positive impact on society.
Analysis and Discussion
of Business Development
Grupo Financiero BBVA Bancomer, key balances in millions of pesos.
Trend in Commercial Activity
At the end of December 2018, performing loans amounted to 1,142,173 million pesos, revealing
annual growth of 8.0%. This positive development has not only allowed BBVA Bancomer to ground its
status as a market leader with a share of 22% at the end of December 2018, but also-according to
public information released by the National Banking and Securities Commission (CNBV)- it allowed
the bank to report the largest increase in the loan portfolio over the last twelve months.
Performing Loans
B
2018
B
2017
Source: GFBB financial statements.
1,142
1,058
+8.0%
(billion pesos and
annual change %)
Commercial credit was up 8.9% in the year to reach 658,507 million pesos. Commercial and
industrial loans posted the strongest performance within this portfolio (these include lending to
corporations, medium-sized enterprises, real estate developers and SMEs), with an increase of
10.1% over the last twelve months.
Commercial loans*
B
2018
B
2017
*Includes bridge loans.
Source: GFBB financial statements.
+8.9%
659
605
(billion pesos and
annual change %)
Re
30
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