Among the commercial actions carried out in the second quarter of 2013 it is worth mentioning the launch of a new mortgage product that eliminates opening and early repayment fees. This results in a reduction in the total annual cost (CAT) that the customer must pay for a loan of these characteristics.
BBVA Bancomer, in partnership with Franklin Templeton, one of the most prestigious fund managers in the world, has developed a mutual fund that allows customers to diversify their investments in shares and ETFs (exchange-traded funds) and participate in other asset classes with great growth potential. In partnership with Pioneer Investments, it has also launched another fund that invests in shares listed on the US NASDAQ index.
BBVA Bancomer has also signed an alliance with FedEx, Microsoft and the Monterrey Institute of Technology to offer SMEs the first integrated range of financial services, advice on transactions and logistics, promotion of the use of information technology and training for employees. This alliance began to be operative on June 1, 2013.
A strategic alliance has also been announced to sponsor the Mexican soccer league, which starting in 2013 and for the next three years will be called Liga BBVA Bancomer. This agreement not only supports sport but strengthens the Group’s commitment to Mexico.
Among the awards and recognitions BBVA Bancomer has been named by the Structured Retail Products website as the “Best in Sales” and “Best in Performance”, and by Global Finance as the “Best Sub-Custodian Bank in Mexico”. This is a milestone that highlights the quality of service that the bank provides its customers.
In addition, BBVA has been chosen as one of the “Best Companies to Work For” in Latin America by the international consultant Great Place To Work (GPTW), within the category of multinationals. This ranking only includes the 25 best companies out of more than 2,200 participating companies from 20 countries. In Mexico, the award has been granted to BBVA Bancomer, Seguros Bancomer and Multiasistencia.