One of the three most important Banks of the Japanese system settled in Leon, Guanajuato. Mizuho is a finance corporation with worldwide presence. This banking company quoted as public company in stock exchanges in Tokio, Japan and New York, in the United States of America.
Its services will be addressed mainly to four market sectors: transnational companies, small and medium enterprises, retailers and legal persons.
Hiroyuki Hibino, president and CEO of Mizuho Bank Mexico, highlighted that Mizuho Bank Mexico, S.A. Institucion de Banca Multiple (MBM) will be subsidiary of Grupo Financiero Mizuho, this office expands the presence of this bank in the country and joins the current main office of the bank in Mexico City, offering different services.
He assured that the Bajio region is of special interest for Mizuho, whose corporate roots started in Tokio more than 40 years ago.
“Mexico has been attracting a growing number of Japanese manufacturers in the last years and more than 70 % are concentrated in the Bajio region.”
He mentioned that due to a series of new manufacturers that have started operations, it is expected that the area continues to attract the investment of Japanese companies in different sectors, especially the automotive.
“Our deepest understanding of the needs of the Japanese industries together with our local knowledge of the investment scenario is a powerful combination for us and for the economic development of Mexico and Guanajuato.”
Mizuho Bank Mexico will be dedicated to lending of a finance services range, including deposits, loans and exchange operations in the national currency (Mexican pesos) and other currencies.
This allows Mizuho to support established customers or in process of expanding their commercial operations in any place of the country, with a closest geographic proximity through improved products, experience in specialized local markets and with an extensive global network.
The group has more than 900 offices and 56,000 employees in about 40 countries in America, EMEA and Asia. By the end of 2016, its total assets were of 1.8 trillion dollars.
To provide a service focused on the client and with a market approach, Mizuho is divided in five internal companies: Global Corporate Company, Retail and Business Banking Company, Corporate and Institutional Company, Global Market Company and Asset Management Company.
These companies are integrated in 2 business divisions: Global products unit (investment and transaction banking) and research and consultancy unit (macroeconomic and industrial research and consultancy mainly related to financial strategies.)