Insurance

Afore Bancomer (Afore Bancomer S.A. de C.V., Administradora de Fondos para el Retiro)

Afore Bancomer - Afore Bancomer S.A. de C.V., Administradora de Fondos para el Retiro

Mexican pension fund manager Afore Bancomer is by far the biggest player in the voluntary pension market, with an 81% market share in terms of assets under management. It also is a market leader in private pensions in Latin America, with more than 12mn customers. The company currently manages five pension funds. Afore Bancomer is headquartered in Mexico City, Mexico.  Due the decision of BBVA of selling its pension units in Latin America, the company was sold to mexican financial group Banorte. The acquisition was made through Afore XXI Banorte, the pension fund jointly owned by Banorte's banking unit and Mexican social security agency IMSS.

Afore Bancomer Data & Contacts

Name Afore Bancomer
Address Montes Urales #424, Col. Lomas de Chapultepec, Miguel Hidalgo
City Ciudad de México , Distrito Federal
Website http://www.bancomer.com/Afore/index.html
Sector Insurance
Subsector Pension

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