With AMLO, Banco del Bienestar accounts grew 150% – El Sol de México

In almost six years of government of the president Andres Manuel Lopez Obradorthe accounts of the Welfare Bank grew up in a 150 percent with a total of 44.6 million users nationwide.

According to the Sixth Government Report of President Andrés Manuel López Obrador, the expansion of the Welfare Bank helped raise financial inclusion of the country, mainly in the areas where where commercial banking has no presence.

Only in the last two yearshe Banco del Bienestar opened more than 26 million accounts to beneficiaries of social programs such as pensions for senior citizens and students.

How many branches of Banco del Bienestar are there in Mexico?

As of today, the Banco del Bienestar has a network of 3,149 branchesof which 2,750 were built as part of the expansion plan proposed by President López Obrador.

These branches They are located in 2,701 localities in 1,970 municipalities throughout the countrymainly in those with the highest level of marginalization and exclusion financial services, and whose combined population was 124 million.

Banco del Bienestar was ranked as the institution with the largest number of branches, with more than a thousand branches above any other commercial banking institution. Sixth Government Report.

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With all this infrastructure, the institution financial has a coverage of the 98.4 percent of the total population.

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