Banca Mifel, S.A., Instituci n de Banca M ltiple, Grupo Financiero Mifel

Banca Mifel, S. A., Instituci n de Banca M ltiple, Grupo Financiero Mifel provides banking and credit services primarily in Mexico. The company primarily operates through Credit and Collection, and Treasury and Investment Banking segments. The Credit and Collection segment offers credit products, demand deposits, time deposits, treasury promissory notes, and various loan products. The Treasury and Investment Bank segment engages in the activities related to investment securities, subordinated debentures, repos, and derivatives, as well as brokering investments and exchange operations. It offers loans for agribusinesses; short, medium, and long term financing for small and medium enterprises and individuals; and credit leasing products. The company also provides home, personal, personal accident, auto, life, and business insurance services, as well as insurance shields cards and security bags; and factoring services for small and medium enterprises, retail chains, department stores, and government entities. It operates through a network of 47 offices located within the Federal District, state of Mexico, municipality of Metepec, state of Morelos, Monterrey, and Guadalajara. The company was founded in 1993 and is based in Mexico City, Mexico.