Consubanco
in Mexico 🇲🇽
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About Consubanco in Mexico
Consubanco is a specialized commercial bank (Institución de Banca Múltiple) operating in Mexico. It is the first Mexican bank specializing in payroll deduction loans, with over 17 years of experience in this sector. The bank focuses primarily on providing personal credit through payroll deductions to employees of government institutions and public sector organizations.
Consubanco is authorized and regulated by the Comisión Nacional Bancaria y de Valores (CNBV) and operates as a full-service banking institution owned by Grupo Consupago. With approximately 526 employees and annual revenues of around $118 million, the bank maintains a significant presence in the Mexican niche banking market.
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