Mexico Finance & Bank Business Database.

The Finance and Insurance sector comprises establishments primarily engaged in financial transactions (transactions involving the creation, liquidation, or change in ownership of financial assets) and/or in facilitating financial transactions. Three principal types of activities are identified:

1. Raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities. Establishments engaged in this activity use raised funds to acquire financial assets by making loans and/or purchasing securities. Putting themselves at risk, they channel funds from lenders to borrowers and transform or repackage the funds with respect to maturity, scale, and risk. This activity is known as financial intermediation.
2. Pooling of risk by underwriting insurance and annuities. Establishments engaged in this activity collect fees, insurance premiums, or annuity considerations; build up reserves; invest those reserves; and make contractual payments. Fees are based on the expected incidence of the insured risk and the expected return on investment.
3. Providing specialized services facilitating or supporting financial intermediation, insurance, and employee benefit programs.

In addition, monetary authorities charged with monetary control are included in this sector.

The subsectors, industry groups, and industries within the Finance and Insurance sector are defined on the basis of their unique production processes. As with all industries, the production processes are distinguished by their use of specialized human resources and specialized physical capital. In addition, the way in which these establishments acquire and allocate financial capital, their source of funds, and the use of those funds provides a third basis for distinguishing characteristics of the production process. For instance, the production process in raising funds through deposit-taking is different from the process of raising funds in bond or money markets. The process of making loans to individuals also requires different production processes than does the creation of investment pools or the underwriting of securities.

Most of the Finance and Insurance subsectors contain one or more industry groups of intermediaries with similar patterns of raising and using funds and establishments engaged in activities that facilitate, or are otherwise related to, that type of financial or insurance intermediation. Industries within this sector are defined in terms of activities for which a production process can be specified, and many of these activities are not exclusive to a particular type of financial institution. To deal with the varied activities taking place within existing financial institutions, the approach is to split these institutions into components performing specialized services. This requires defining the units engaged in providing those services and developing procedures that allow for their delineation. These units are the equivalents for finance and insurance of the establishments defined for other industries.

The output of many financial services, as well as the inputs and the processes by which they are combined, cannot be observed at a single location and can only be defined at a higher level of the organizational structure of the enterprise. Additionally, a number of independent activities that represent separate and distinct production processes may take place at a single location belonging to a multilocation financial firm. Activities are more likely to be homogeneous with respect to production characteristics than are locations, at least in financial services. The classification defines activities broadly enough that it can be used both by those classifying by location and by those employing a more top-down approach to the delineation of the establishment.

Establishments engaged in activities that facilitate, or are otherwise related to, the various types of intermediation are included in multiple subsectors, rather than in a separate subsector dedicated to services alone, because these services are performed by intermediaries, as well as by specialist establishments, and the extent to which the activity of the intermediaries can be separately identified is not clear.

Financial industries are extensive users of electronic means for facilitating the verification of financial balances, authorizing transactions, transferring funds to and from transactors' accounts, notifying banks (or credit card issuers) of the individual transactions, and providing daily summaries. Since these transaction processing activities are integral to the production of finance and insurance services, establishments that principally provide a financial transaction processing service are classified in this sector, rather than in the data processing industry in the Information sector.

Mexico Finance & Bank business database in excel

Sub-Sectors:

This industry comprises establishments primarily engaged in performing central banking functions, such as issuing currency, managing the Nation's money supply and international reserves, holding deposits that represent the reserves of other banks and other central banks, and acting as a fiscal agent for the central government.
This industry comprises establishments primarily engaged in accepting demand and other deposits and making commercial, industrial, and consumer loans. Commercial banks and branches of foreign banks are included in this industry.
This industry includes nonprofit companies dedicated mainly to attracting public resources to support the development of economic projects through the granting of preferential credits. These Companies are also known as second floor banking.
This industry comprises establishments primarily engaged in sales financing or sales financing in combination with leasing. Sales financing establishments are primarily engaged in lending money for the purpose of providing collateralized goods through a contractual installment sales agreement, either directly from or through arrangements with dealers.
This industry comprises establishments primarily engaged in accepting members' share deposits in cooperatives that are organized to offer consumer loans to their members.
This industry includes Businesses or companies dedicated mainly to the collection of resources through deposits made by their own partners, and the placement of loans and credits among the general public.
This industry comprises establishments primarily engaged in accepting deposits and lending funds (except commercial banking, savings institutions, and credit unions). Establishments known as industrial banks or Morris Plans and primarily engaged in accepting deposits, and private banks (i.e., unincorporated banks) are included in this industry.
This industry includes Businesses or companies dedicated mainly to the formation of financial funds with resources provided by the integral partners for the acquisition of durable goods, such as automobiles, computer equipment and real estate, charging a fee for the administration of funds and the organization and group integration
This industry includes Businesses or companies dedicated mainly to the granting of pledge loans (through the security deposit of movable and immovable property). These Companies are constituted as Private Assistance Institutions.
This industry includes Businesses or companies dedicated mainly to the granting of pledge loans (through the security deposit of movable and immovable property). These Companies are constituted as natural persons or corporations.
This industry includes Companies that are constituted as multi-purpose financial companies that carry out credit granting, financial leasing or financial factoring activities, with resources collected through multiple banking and development, as well as the stock market.
This industry includes Businesses or companies dedicated mainly to the operation and promotion of non-bank credit cards, and to the financing of durable goods (financing companies).
This industry includes Businesses or companies dedicated mainly to the representation of foreign financial institutions for the channeling of resources or funds in the operations between the foreign financial intermediary and other institutions of the national market, as well as the promotion and negotiation of operations in the national market .
This industry includes Businesses or companies mainly engaged in financial intermediation between the investing public and the Companies subscribed in the stock market and the government, through the placement, purchase and sale of shares, debt instruments and securities.
This industry includes Businesses or companies dedicated mainly to the operations of buying and selling currencies, such as metallic currencies and foreign banknotes, traveler's checks, sight checks, gold and silver, oriented to the interbank and corporate markets (institutions, financial groups , exchange centers).
This industry includes Businesses or companies dedicated mainly to the operations of buying and selling currencies, such as metallic currencies and foreign banknotes, traveler's checks, gold and silver, aimed at the general public (window operations).
This industry includes Businesses or companies dedicated mainly to the administration of the stock market to regulate and regulate stock market operations, as well as to provide information on the volumes, prices and quotes of the shares and number of operations carried out in the stock market.
This industry includes Businesses or companies mainly dedicated to providing investment advisory services in the stock market, without any transaction in the stock market.
This industry includes Businesses or companies mainly dedicated to providing other services related to stock brokerage not classified elsewhere, such as institutions for deposit of securities and operating companies of investment companies.
This industry includes Businesses or companies dedicated mainly to the issuance of life insurance policies (both individual and collective), against accidents, theft or damage.
This industry includes Businesses or companies dedicated mainly to the assurance of the life of the peasants and their properties, whether agricultural, livestock or forestry.
This industry includes Businesses or companies dedicated mainly to guaranteeing the fulfillment of an economic obligation or debt acquired by any natural or moral person for actions of criminal or civil liability of the secured party with respect to another that is called beneficiary of the bond; These securities constitute a guarantee by means of which a natural or legal person undertakes a creditor to pay in lieu of its debtor in case of breach of the secured.
This industry comprises establishments primarily engaged in acting as agents (i.e., brokers) in selling annuities and insurance policies.
This industry comprises legal entities (i.e., funds, plans, and/or programs) organized to provide retirement income benefits exclusively for the sponsor's employees or members.

Illustrative Examples:

Employee benefit plans
Retirement plans
Pension funds and plans
This industry includes Entities (investment instruments) whose purpose is the acquisition and sale of assets subject to investment with resources from the placement of the shares representing their capital stock in the market. Investment funds function as investment vehicles in which money is contributed in order to obtain returns from the portfolio of securities that conforms to said resources and whose value is part of the capital stock of the investment fund, which is represented by actions or social parties. It includes equity investment funds, investment funds in debt instruments, capital investment funds, and limited-purpose investment funds.

97,759 records contains our database of the Mexican Finance & Bank Industry.

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