MexGroup's History

MexBank was our name when we were formed in January 2001 to cater to and facilitate in the growing needs of investors in the primary areas of foreign exchange, financial consulting, and custodian services.

Our present

In September of 2007 MexBank diversified its operations into separate divisions and transformed itself into MexGroup. In doing business as MexGroup the holding company is far more capable of guiding each of the companies within the Group to meet their respective service and compliance objectives than by keeping them all under the operations of one entity.

Growth

MexGroup will support each of its divisions to achieve the highest measure of service and performance for their respective clients. MBFX, MB Asset Management, MB Credit, and MexBank are all equally important parts of the Group. Combined our group of companies future growth is expected to exceed anything we have experienced in the past.

Today

MexGroup of companies will continue to offer the professional services that its parent successfully provided since its formation.

MexGroup Consists Of:

MB Asset Management

Was formed to assist customers in buying, selling or hypothecating targeted assets.

MB Credit

Was formed to make loans to specific qualified Domestic and Foreign customers.

MexBank

Provides direct access to financial market news you can use. Help plan your financial future. What to expect. What not to do. What the experts say. Stay fully informed.

MBFX

Was formed to focus on the management of currencies.  For currency transactions, MBFX acts as the group's conduit to access the spot market segment of the FOREX market and trades all the major G7 currencies, which includes the US Dollar, Canadian Dollar, Euro Dollar, Swiss Franc, Japanese Yen, British Pound, and the Australian Dollar.  MBFX gives its Customers access to this Interbank Over the Counter (OTC) Spot FX market.  It is established as a qualified investor and currently trades through Value Asset Management.

Governmental Special Purpose Endeavours:

In 2001, MexBank S.A. de C.V. allied with a Credit Union offering a wide range of services throughout Mexico and the government of Mexico to provide special purpose financing against assets in excess of $45 Billion USD. The Credit Union had the rights, authority, power, and ability under the laws of the Federal Government of the United States of Mexico to issue Titles of Credit, namely Bonds, Letters of Guarantee and the like. The authority and power of the Credit Union to issue Titles of Credit was via the federal law of the United States of Mexico, the Federal General Law of Credit Auxiliary Organizations and activities, Article 40-111. In 2003, the governmental purpose for the MexBank/Credit Union alliance was completed and the title deeds being held by the Credit Union to over $45 Billion USD in Real Estate was returned to the owners.  This successfully fulfilled MexBank's obligation to the endeavour and earned it a pristine reputation in the area of professional administration. MexBank had made its mark as a reliable custodian.