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CONTRIBUTION TO PROJECTS THAT CHANGE A NATION’S FACE
Creative Direction
Impulsora opened for business in 1954, offering top quality electrical products and materials, guaranteeing products from the best-known brands in the hardware and electrical markets throughout our more than 1 million sq. ft. total warehouse space, countrywide. We rely on a well-stocked inventory, enabling us to provide a timely and efficient delivery.
Our highly-skilled staff shares its expertise in different fields, able to develop integrated solutions according to the market’s requirements. Our operations provide a job for more than 1,500 employees. We are committed to our clients, as we provide customized service with the support of a wide array of products, tech support and timely deliveries. Our mission is to market avant-garde electrical equipment and materials up to the industry’s demands, offering clients integrated solutions through the highest quality products and services, a large inventory, adequate infrastructure, and state-of-the-art technology in all our processes.
Our mission is to market avant-garde electrical equipment and materials up to the industry’s demands
We have specialized engineering and lighting departments, and a team of engineers and architects for lighting systems and control of industrial, commercial, residential and road lighting. We also offer avantgarde designs with current systems, plan development and reviewing of lighting engineering, all with the purpose of providing our clients an efficient and functional project, also striving for harmony between design and each location’s aesthetics. Our solutions and products portfolio as well as our strategic locations along Mexican territory drive us to the forefront of the most significant projects during the last 68 years, being the main distributor diversified into the Industrial, Construction, Oil & Gas and Energy sectors.
Thanks to our versatility within the market we have become a strategic ally for BONATTI in project execution, as we send and display our gratitude for trusting our company.
We understand that the execution of high-end projects that have a positive
FOUNDED: 1954
INDUSTRY: Construction
CONTACT: www.impulsora.com impact on the development of society are essential to preserve our surroundings, which is why we maintain our commitment to BONATTI, assisting them hand in hand with our technical and commercial disciplines, always seeking a satisfactory culmination.
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Consubanco undergoes a digital transformation to offer customer-centered financial services as part of its competitive strategy
Consubanco becomes a financial environment growing its customer base and offering value through a better use of its tech resources and its strategic partners network displaying strength in the loan and credit segment. Through its digital transformation strategy, the bank seeks to maintain its leadership and conquer other segments
Produced by Jassen Pintado
Creative Direction Omar Rodríguez
Interviewees
Alfredo Flores, CEO for Grupo Consupago; Ing. Fidel Vargas Londoño, Associate Executive Director of Digital Transformation for Consubanco
PURCHASES AND TRANSACTIONS MADE EASY, TO THE BEAT OF THE 21ST CENTURY
Consubanco’s story is related to the Grupo Comercial Chedraui corporation -which also owns the Chedraui retail chain operating in Mexico-, dating back with the Sherman Financial Group, the private equity global firm, whose affiliate companies enabled Consupago to operate in a large scale in the consumer financial industry, also creating Banco Fácil, which began operations in 2007, when Consupago was authorized to work as a Limited Purpose Financial Society (SOFOL, under Mexican regulations). to 2001, when Sergio Chedraui created Consupago, with the purpose of being closer to customers, offering them retail financing, creating the “Paguitos” (small payments) credit system, and afterwards -thanks to his vision and understanding of the Mexican working class- he also began offering payrolldeductible loans with delegated collection, thus starting an industry that has contributed significantly to financial inclusion in Mexico.
In 2006, a partnership was struck
In 2012, Grupo Consupago (in charge of Consupago and Banco Fácil) acquired OPCIPRES (a SOFOM ENR, a Multiple Purpose Financial Society - Non-regulated Entity), an important player in the payroll loan business; and Banco Fácil became Consubanco, capitalizing Consupago’s assets, which consolidated and boosted both companies.
Consubanco became one of Mexico’s 500 most important companies in 2014, according to Expansión, an established Mexican business magazine and website. In
2017, Consubanco reached no. 13 among the “46 best banks”, from the Mundo Ejecutivo magazine. In 2019, the Bankaya platform was developed along with a group of successful entrepreneurs, aligned with the company’s efforts in digitization and growing its engagement products portfolio; and in 2020, Grupo Consupago started its inorganic growth strategy by acquiring part of FAMSA bank’s liquidated portfolio, which was Financiera Independencia’s payroll loan operation as well as the beginning of apex financing to other qualified financial entities.
“The successful development of Grupo Consupago has been achieved as a result of a permanent surveillance of the market’s opportunities, driven to develop a high-value bond for our customers,” commented Alfredo Flores Ibarrola, CEO for Grupo Consupago.
Wide Experience In The Financial And Credit Services Industry
Flores Ibarrola graduated as an Industrial and Systems Engineer from ITESM (Monterrey Institute of Technology and Higher Education, in Mexico), and afterwards he earned an MBA from IPADE (PanAmerican Institute for High Business Management, also in Mexico).
He has led Grupo Consupago for more than ten years and also takes part in the board of directors. He is in charge of a bank and three other financial institutions, all of them among the leaders in the payroll loan industry in Mexico.
Flores Ibarrola has been around for more than 25 years creating enterprises and holding C-level positions in finance. In 2008 he created OPCIPRES, acquired by Grupo Consupago in 2012, and has since been in charge of the latter.
Flores Ibarrola is also a shareholder of other successful companies in the financial and insurance sector, as well as in the real estate business.
Significant Achievements In A Short Time
In a short period of time, Consubanco has positioned itself as a solid, efficient entity towards its customership, after accomplishing synergies which have set a clear difference:
• Consubanco is the leading financial institution in the payroll loan business under the delegated collection scheme for retirees, pensioners and employees both in the public and private sectors, guaranteeing access and