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. As of December 31, 2022, it operated through 6,346 points of sales through its Elektra, Banco Azteca, Salinas y Rocha, and Purpose Financial branches. Of these 4,990 were in Mexico, Guatemala, Panama, and Honduras, 406 in Central America and 950 Purpose Financial branches in North America.
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Business Segments
Overview
Sells products such as motorcycles, telephony, electronics, white goods, furniture, computers, and entertainment products through its three store formats: Elektra, Salinas and Rocha. Also provides services such as money transfer and extended warranties in Mexico, and Central and South America.
Performance
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Overview
Conducts retail banking operations through Banco Azteca in Mexico, Panama, Guatemala, Honduras and Peru. Other business unit included are Seguros Azteca, Seguros Azteca Danos, Afore Azteca, Punto Casa de Bolsa and Purpose Financial.
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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