Banca Mifel
Financial ServicesMexico City, Mexico1001-5000 Employees
Banca Mifel S.A. Institución de Banca Múltiple operates as a financial services provider within Grupo Financiero Mifel, based in Mexico City. The institution was formally constituted on July 29, 1993, with its origins linked to the mid-20th century work of philanthropist Mike Feldman who laid the foundations for the group. It was among the first to receive a new banking concession after the privatization of the Mexican banking sector, and within a decade it established subsidiaries in banking, leasing, factoring and investment operations. It functions in the Mexican financial services industry, offering a range of banking and related services to its clients. The company sits within the broader private banking landscape in Mexico. A development noted in 2022 is Mifel's acquisition of Banamex, indicating an expansion in the market.