Banco Azteca S.A. Institucion De Banca Multiple (Mexico)

Banco Azteca S.A., founded on October 30, 2002, is a Mexican commercial bank headquartered at Insurgentes Sur 3579, Torre 2, Piso 8, Tlalpan, Mexico City. It operates as a subsidiary of Grupo Elektra, which is part of Grupo Salinas, a major Mexican conglomerate with interests in retail, media, and telecommunications. The bank was created to serve the underbanked and underserved segments of the population, focusing on financial inclusion through accessible and simple banking products. Banco Azteca’s business activities include consumer credit, savings accounts, insurance, pension funds (Afore Azteca), remittances (Dinero Express), and digital banking services. It has one of the largest banking networks in Mexico, with over 1,900 branches and operations in Guatemala, Honduras, Panama, and the United States. The bank was founded by Ricardo Salinas Pliego, and its current CEO is Alejandro Valenzuela del Río. As of mid-2025, Banco Azteca serves over 22 million clients.