Advance America is a short-term non-bank loan provider in the United States[8][17] and, Punto Casa de Bolsa offers financial brokerage services to the middle class of the population. It is listed on the Bolsa Mexicana de Valores (ELEKTRA*) and on the Spanish Stock Market Latibex (XEKT). Also, World Bank reported the increase in income was due to the strengthening of small businesses as a result of larger access to funding, while the growth of companies generated jobs. The Elektra Group is the sum of the companies that form it. [15], Advance America provides its cash advances in small-denomination, short-term amounts. [14], Advance America does not franchise any of its centers in the United States or Canada and does not provide pawn lending. Translate the description into English (United States) using Google Translate? [14] The advances are due on the customer's next payday. William Webster IV is chairman of the board. [14] The company is a member of the Community Financial Services Association of America.[16]. These companies have been joining one after the other to eventually make up a group with the same values and identity. Afore Azteca offers pension fund management with the support of the extensive geographical coverage of Grupo Elektra. Grupo Elektra offers all users its solar catalog for solar-photovoltaic energy. Grupo Elektra SA de CV engages in providing financial and retail services. Grupo Elektra pone a disposición de todos los usuarios su catálogo solar para instalaciones de energía solar-fotovoltaica. Compra con Crédito Elektra aprovechando beneficios de pago y envío de tu pedido. Banco Azteca operates in Mexico, Guatemala, Honduras, El Salvador, Panama and Peru, and is the largest bank in Mexico in geographical coverage with more than 3,500 points of contact. It has 1,143 points of sale throughout Mexico and Central and South America, focused to underserved social classes. CFSAA.com Accessed July 20, 2011. Try it ! The company has operations in Latin America and is the largest non-bank provider of cash advance services in the United States. [9], Elektra is the most important store format of the company. Distribuidores de material eléctrico con una extensa red de puntos de venta que nos permiten dar soporte y soluciones globales a nivel nacional e internacional. In the 2014 Global Financial Development Report about Financial Inclusion, the World Bank indicated that after two years from the start of operations of Banco Azteca in 2002, personal income increased 7% in areas where branches were established, and unemployment decreased 1.4%, due to the increased access to credit, with lower interest rates, compared to other local and microfinance loan providers.[13]. The Group operates more than 7,000 points of contact in Mexico, the United States, Guatemala, Honduras, Peru, Panama and El Salvador. Translate the description back to Spanish (Spain), By purchasing this item, you are transacting with Google Payments and agreeing to the Google Payments. Grupo Elektra pone a disposición de todos los usuarios su catálogo solar para instalaciones de energía solar-fotovoltaica. The company has operations in Latin America and is the largest non-bank provider of cash advance services in the United States.[8]. Advance America is a payday loan provider in the United States, founded in 1997. [10] The groups older Salinas y Rocha store format has 51 stores and its target market is made of the middle class. !. It is listed on the Bolsa Mexicana de Valores (ELEKTRA*) and on the Spanish Stock Market Latibex (XEKT). "CFSA Corporate Member Companies." (, "Advance America Cash Advance: CEO & Executives." Mexican financial and retailing corporation, "Advance America, Cash Advance Centers, Inc. Consolidated Statements of Income." As of December 31, 2013, Advance America operated over 2,500 lending centers in 29 states and 18 centers in Canada. As a result, these sources of work beneficiated low-income population segments that are the target market of Banco Azteca, which improved income distribution. Powerful tool for industrial technician. (, Community Financial Services Association of America website. 29.4k Followers, 1,350 Following, 1,942 Posts - See Instagram photos and videos from Elektra Panamá (@tiendaselektrapanama) By using our services, you agree to our use of cookies. En el mismo podrás encontrar soluciones para todo tipo de instalaciones, incluyendo el equipamiento eléctrico completo. On the deposit side, the bank offers a variety of savings products for its target market, with interest-bearing accounts that can be opened with one peso and do not generate commissions. Grupo Elektra is a Mexican financial and retail company operating in Latin America. It also offers non-bank short-term loans in U.S. Where we Are", "Grupo Elektra anuncia crecimiento de 87% de utilidad de operación en segundo trimestre 2016 (Spanish)", "Carta de los directores generales (Spanish)", "Banco Azteca te ofrece los mejores productos financieros (Spanish)", "2014 Global Financial Development Report", https://www.sec.gov/Archives/edgar/data/1299704/000104746911001973/a2202472z10-k.htm, http://investing.businessweek.com/research/stocks/people/people.asp?ticker=AEA:US, http://cfsaa.com/about-cfsa/2011-cfsa-members.aspx, "Suplemento definitivo Elektra 2016 (Spanish)", "Banco Azteca comienza operaciones en 749 sucursales por todo México (Spanish)", "Grupo Elektra concluye con éxito adquisición de Advance America (Spanish)", "Grupo Elektra anuncia el inicio de operaciones de Punto Casa de Bolsa (Spanish)", https://en.wikipedia.org/w/index.php?title=Grupo_Elektra&oldid=983375446, Financial services companies established in 1950, Companies listed on the Mexican Stock Exchange, Companies listed on the Madrid Stock Exchange, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License. Seguros Azteca offers life and liability microinsurance that can be acquired at affordable prices in Mexico and Latin America. [10] Banco Azteca Mexico has more than 13 million of deposit accounts and a similar numbers of loan accounts. Accessed July 20, 2011. This page was last edited on 13 October 2020, at 22:00. The Elektra Group has been growing since 1978, and has gradually been incorporating companies that share its vision. In retail, Grupo Elektra targets consumers at the base of the socio-economic pyramid in Latin America, offering world-class brands in electronics, household appliances, furniture, transportation, telephones, computers, electronic money transfers and extended warranties, … Filed with the Securities and Exchange Commission March 3, 2011. [14], Advance America's current President and CEO is J. Patrick O'Shaughnessy, who previously served as the company's CFO. Cookies help us deliver our services. Te asesoramos desde el inicio del proyecto hasta el soporte técnico de la instalación. Monitors the Midnite Solar Classic & Tristar MPPT charge controllers. Businessweek.com. Informe Anual 2015 (Spanish)", "Advance America. Descubre en Elektra una gran variedad de productos con ofertas increíbles. It offers its services to sectors that have been underserved by traditional financial institutions through Banco Azteca, Seguros Azteca, Afore Azteca, Advance America and Punto Casa de Bolsa. Grupo Elektra is a Mexican financial and retailing corporation established by Hugo Salinas Price. Compra con Crédito Elektra aprovechando beneficios de pago y envío de tu pedido. [11], Banco Azteca offers consumer and personal loans, credit cards, pawn lending, and group and commercial loans.[12]. Air duct calculator designed for heating and air conditioning professionals. (, Community Financial Services Association of America, http://www.bmv.com.mx/en/issuers/statistics/ELEKTRA%20*-5457-615, http://www.grupoelektra.com.mx/es/sustentabilidad/gobierno-corporativo.html, http://www.grupoelektra.com.mx/es/sustentabilidad/carta-de-los-directores-generales.html, http://www.bmv.com.mx/en/issuers/profile/ELEKTRA-5457, "Grupo Elektra anuncia crecimiento de 37% de utilidad de operación (Spanish)", "Cotiza en Bolsa Mexicana de Valores. Descubre en Elektra una gran variedad de productos con ofertas increíbles. [6] The company operates through two divisions to satisfy the needs of its customers: commercial and financial. According to the World Bank, Banco Azteca has a positive impact on the development of numerous communities through micro financing. Grupo Elektra offers appliances, consumer electronics, furniture, motorcycles, mobile phones, computers, as well as electronic money transfer business and extended warranties, among many other products. [10], Grupo Elektra sells close to 1 of every 4 televisions commercialized in Mexico, 1 of every 5 refrigerators, 7 of every 10 motorcycles, and pays a substantial proportion of the electronic money transfers from the United States into Mexico.[11]. It also offers non-bank short term loans in the US. Salinas y Rocha founded as a furniture store. Grupo Elektra is a Mexican financial and retailing corporation established by Hugo Salinas Price. About Us.