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Union de Credito Promotora para el Desarrollo Economico del Estado de Mexico, S.A. de C.V. (Mexico)

Main Activities: Credit Unions
Full name: Union de Credito Promotora para el Desarrollo Economico del Estado de Mexico, S.A. de C.V. Profile Updated: November 01, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Union de Credito Promotora para el Desarrollo Economico del Estado de Mexico, S.A. de C.V. (UNION DE CREDITO PRODEMEX) is a financial institution located in Toluca, Mexico. It was incorporated on November 18, 1993, and is regulated by the National Banking and Securities Commission. The company's main objective is to promote the growth and healthy development of micro, small, and medium-sized enterprises in various economic sectors, including industry, commerce, and services. They achieve this by providing credit and attracting resources through loans from their partners. As financial intermediaries, they have credit lines from development banks and commercial banks for the discounting of their operations. The company's mission is to support its partners by participating in their business activities that generate benefits for the community, through credit products and partner loans. They aim to promote the healthy growth of the Union, making it profitable and always complying with the regulations set by financial authorities. The company's vision is to be a competitive, efficient, and profitable Union, offering its partners quality financial services and good returns on their partner loans. The company values principles that form its philosophy and aim to achieve its mission.

Headquarters
Juan Rodriguez No. 102, Col. Colon
Toluca; Estado de Mexico; Postal Code: 50120

Contact Details: Purchase the Union de Credito Promotora para el Desarrollo Economico del Estado de Mexico, S.A. de C.V. report to view the information.

Website: http://www.ucprodemex.com/

Basic Information
Outstanding Shares:
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Incorporation Date:
November 18, 1993
Key Executives
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Managing Director
Company Performance
Financial values in the chart are available after Union de Credito Promotora para el Desarrollo Economico del Estado de Mexico, S.A. de C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net interest income
20.61%
Net fee and commission income
9.76%
Operating profit (EBIT)
251.02%
Net Profit (Loss) for the Period
251.02%
Total assets
2.51%
Total equity
17.49%
Cost to Income Ratio
-18.89%
Loans to Asset Ratio
-2.11%

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