- CEO
- Edgardo del Rincon Gutierrez
- Full Time Employees
- 6,422
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- Avenida Manuel J. Clouthier No. 402 León GJ Mexico 37128
- IPO Date
- May 27, 2019
- Business
- Banco del Bajío Banco del Bajío, S.A., Institución de Banca Múltiple (BBAJF) operates as a commercial bank in Mexico, providing a comprehensive range of financial products and services to individuals, small and medium-sized enterprises (SMEs), corporations and governmental bodies; these include current, savings and payroll accounts; personal, commercial, working capital, fixed asset and mortgage loans; credit and debit cards; investment funds; securities brokerage; insurance policies covering car, lifetime, home, fraud protection, multiple business and personal accident; foreign currency exchange; leasing and factoring; international trade financing; fiduciary services; as well as electronic, mobile and internet banking platforms. The bank maintains a nationwide branch network primarily focused on the Bajío region, with expanding presence in Mexico City, Nuevo León and northern Mexico, targeting commercial lending in key markets such as the Bahía region where it holds leading market share. Founded in 1994 and headquartered in León, Guanajuato, at Avenida Manuel J. Clouthier 402, Jardines del Campestre, it employs approximately 5,500 people and oversees a loan portfolio of around MXN 268 billion alongside deposits of MXN 260 billion as of mid-2025. In recent developments, the bank has driven robust portfolio expansion with 10.8% year-over-year loan growth and 10.5% deposit increases through customer acquisition across major banks, alongside digital transformation achieving 82% digital transactions (up from 64% in 2020) and 25% growth in non-interest income from fees, cash management and POS services; it sustains strong asset quality with non-performing loans at 0.5% below industry averages, while navigating interest rate pressures through disciplined origination and portfolio mix enhancements, reporting stable Q2 2025 net income of MXN 2.49 billion.