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GFBB

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AcronymDefinition
GFBBGrupo Financiero BBVA Bancomer, SA


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The main subsidiary of GFBB is BBVA Bancomer (Bancomer), a leading banking institution which operates under a universal model through a retail network of 1,718 branches and 4,410 ATMs as of December 2005 and as of November of 2005 representing 25.
GFBB is also a controlling affiliate of Banco Bilbao Vizcaya Argentaria (BBVA), one of the top financial groups in market capitalization in the Euro Zone.
46% of the outstanding shares of Grupo Financiero BBVA Bancomer, GFBB, itself owner of BBVA Bancomer, and increased its ownership from 59.
 
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