Export Maquiladora Industry (Industrial Infrastructure Development)

Export Maquiladora Industry

(Industrial Infrastructure Development)

Bancomext continued to offer specialized products to develop industrial infrastructure in the country, promoting foreign investment, employment growth, and foreign currency revenue.

Segments served to include:

Investment and Real Estate Trusts (FIBRAS) both with corporate working capital lines for eventual liquidity needs that arose in 2020 due to the pandemic, and with a long-term line financing 14 specific projects with a spread of 62 million dollars to properties in the following locations: 4 in Monterrey; 1 in Reynosa, 1 in Ciudad Juárez, 5 in Chihuahua.
CKD instruments with resources from Mexican Afores that improve the Mexican workers' pension funds, with direct credits to 5 projects and a spread of 18.5 million dollars to properties in the following locations: 1 in Acuña, 1 in Tijuana, 1 in Querétaro, and 1 in Hermosillo.
Regional Developers, through 8 direct loans in this segment, placement of more than 80 million dollars was achieved, which allowed financing 24 industrial buildings located in Monterrey (2), Piedras Negras (1); Querétaro (3), CDMX (7), Toluca (3) Chihuahua (3) and Ciudad Juárez (5).

The portfolio indicators for 2020 were as follows:

In terms of balance, it was the third most important portfolio at the sector level, contributing 25,950 million pesos that represented 12.7% of the total balance of the first-tier private sector portfolio. This portfolio presented an increase of 13.1% compared to 2019, amounting to 22,949 million pesos.
The portfolio in this sector generated the third-highest contribution to the financial margin plus commissions, amounting to 607 million pesos, equivalent to 11.7% of total first-tier revenues in Corporate Banking.
This sector contributed 71 companies to the number of benefited companies, representing 14.5% of the total, placing it as the second most important portfolio in Corporate Banking.
The allocation of resources amounted to 6,976 million pesos, representing a 27.2% increase when compared to the same period of the previous year, which amounted to 5,485 million pesos.
The pipeline portfolio at the end of 2020 amounted to MXN 14,236, with 38 projects under study.