Grupo Elektra

Grupo Elektra, S.A.B. de C.V. (BMV: ELEKTRA*; Latibex (XEKT) is Latin America's premier provider of financial and specialty trade services, as well as the largest provider of short-term non-bank loans in the United States. The company was started in 1950 as a manufacturer of radio transmitters and began operations as a marketer in 1957 with the opening of its first Elektra store. It currently has over 6,000 points of contact through its Elektra, Salinas y Rocha, Banco Azteca, and Purpose Financial branches, with over 5,000 in five Latin American countries: Mexico, Guatemala, and Honduras, and over a thousand in the United States.

Utilizing its dominant position as a distributor of goods such as electronics, white goods, appliances, furniture, motorcycles, cell phones, computers, and electronic money transfer services in Mexico, Central America, and South America, Grupo Elektra seeks to expand its sales and profitability by offering cutting-edge financial products and services and thus taking advantage of business opportunities.

In Latin America, the corporation will continue to focus on the bottom of the pyramid and the various niches that comprise it. It will also continue to expand its international presence. In the United States, it will continue to grow its product offering in order to give working families with short-term, accessible, and reliable sources of finance. It will also remain committed to providing high-quality service to its clients.

Founded: 1950

Headquarter: Mexico City, Mexico

Website: https://www.grupoelektra.com.mx