Company type | Public bank |
---|---|
Industry | Banking Financial services |
Founded | 1946Mexico City, Mexico | in
Headquarters | , |
Area served | Mexico |
Key people | Víctor Manuel Lamoyi Bocanegra CEO |
Total assets | US$3,701 million (2020) |
Owner | Government of Mexico |
Website | www |
Banco del Bienestar (English: Bank of Well-being) is a state-owned, state-run banking institution owned by the Government of Mexico. It is the main provider of financial resources for social programs for the federal government.[1] In 2018, it replaced Banco del Ahorro Nacional y Servicios Financieros (English: National Savings and Financial Services Bank, Bansefi) and prior to this, Patronato del Ahorro Nacional (English: National Savings Trust, Pahnal).[2]