BBVA México is the largest Mexican financial institution (2024), having about 30.4% of the market. Founded in 1932 as Banco de Comercio ( Bancomer ), and rebranded from 2000 to 2019 as BBVA Bancomer , its main stockholder is the Spanish bank BBVA . Its headquarters are located at the Torre BBVA México on Paseo de la Reforma in Mexico City .
5-510: The Torre BBVA México (" BBVA México Tower", formerly Torre BBVA Bancomer ) is an office skyscraper on Paseo de la Reforma in Colonia Juárez, Mexico City . It is the headquarters of BBVA México , Mexico's largest bank. Upon its completion in 2015 it became the second tallest building in Mexico City at 235 metres (771 ft) and 50 stories high. However by 2018 it is expected to be
10-451: The fourth tallest in Mexico , after Torre KOI , Torre Reforma and Punto Chapultepec . The building was designed by LegoRogers, which is a collaboration between the architectural practices of Legorreta + Legorreta and Rogers Stirk Harbour + Partners . This article about a Mexican building or structure is a stub . You can help Misplaced Pages by expanding it . BBVA M%C3%A9xico By
15-446: The BBVA in its name. In February 2004, BBVA bought the remaining shares of Bancomer S.A.'s public stock to take complete ownership of the bank. In December 2023, BBVA México serves over 30,2 million customers, has 1,706 bank locations, and 14,500 ATMs . It currently operates as fully owned subsidiary of Spanish BBVA Group. It represents 40% of the total revenues of BBVA worldwide, making it
20-506: The end of 2023, BBVA Mexico was the largest financial group in the country, with a network of 1,706 branches and 14,500 ATMs distributed throughout the country's 32 states, with a 30.4%% market share. On September 20, 2021, BBVA Mexico announced the change of its corporate name. BBVA México, formerly Bancomer (Banco de Comercio), was founded in Mexico City in 1932 by Salvador Ugarte, Raul Bailleres, Liberto Senderos, Mario Dominguez, and Ernesto Amescua, with Ugarte holding about two-thirds of
25-541: The shares, possibly for other investors. In 1982, Bancomer was nationalized when President José López Portillo nationalized the country’s banking system . In 1991, during the presidency of Carlos Salinas de Gortari , Bancomer was again privatized when a group of investors led by Eugenio Garza Lagüera bought the majority of the stock. In July 2000, Spanish Banco Bilbao Vizcaya Argentaria purchased most of Bancomer S.A.'s public stock from Canadian-based BMO Financial Group , partially merging it with BBV Probursa, thus
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