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Instituto del Fondo Nacional para el Consumo de los Trabajadores (Mexico)

Main Activities: Credit Unions | Mortgage and Nonmortgage Loan Brokers
Full name: Instituto del Fondo Nacional para el Consumo de los Trabajadores Profile Updated: February 21, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Spanish Download a sample report

Fonacot was created in 1974 as trust fund, with the objective of giving loans for purchase of goods and services to help raise the living standards of workers, increasing their wellbeing and that of their families.In 2006 it abandoned his trust figure when the the Law Institute of the National Fund for Workers' Consumption was issued and it changed its name from Fondo Nacional para el consumo de los trabajadores (FONACOT) to Instituto del Fondo Nacional para el consumo de los Trabajadores (INFONACOT. Today promotes better access to market credit and other financial services, for obtaining goods and services of high quality, competitively priced for workers.

Headquarters
Av. Insurgentes Sur No 452, Col. Roma Sur
Mexico City - Cuauhtemoc; Federal District of Mexico City; Postal Code: 06760

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Website: http://www.fonacot.gob.mx

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1974
Key Executives
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Chairman
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President
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Chief Executive Officer
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Vice Chairman
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Director/Member of the Board
Subsidiaries
Fideicomiso 3220
Company Performance
Financial values in the chart are available after Instituto del Fondo Nacional para el Consumo de los Trabajadores report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net interest income
17.99%
Operating profit (EBIT)
12.63%
Net Profit (Loss) for the Period
12.63%
Total assets
28.1%
Total equity
14.42%
Total Assets Trend
6.75%
Net Interest Income Trend
4.95%
Loans to Asset Ratio
-0.1%

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