How OXXO Became Mexico's Biggest Bank Counter
The Southern Ledger
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How OXXO Became Mexico's Biggest Bank Counter
60 просмотров · 1 мес. назад
The Southern Ledger
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60 просмотров · 1 мес. назад
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A chain of corner stores opened by a brewer in 1978 now runs about four in ten of Mexico's banking counters, and it ended 2025 with 24,297 stores in the country. This is how a shop built to sell beer turned into the place where a cash country moves its money, and what the company actually earns from it.
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Chapters
0:00 Intro
0:41 A beer company's idea
2:02 Why the cash stays
3:51 The counter becomes a teller
5:26 An account for two dollars
6:43 What FEMSA actually earns
8:33 The wallet and the retreat
10:22 The takeaway
Sources
FEMSA, Fourth Quarter and Full Year 2025 Results, Form 6-K exhibit (2026)
FEMSA Integrated Annual Report 2025 (2026)
FEMSA press releases (2022 to 2025)
INEGI and CNBV, Encuesta Nacional de Inclusion Financiera 2024 (2025)
CNBV, Panorama Anual de Inclusion Financiera 2025
World Bank, World Development Indicators, commercial bank branches per 100,000 adults
CGAP, How a Retail Chain Became Mexico's No. 1 Bank Account Supplier (2016)
El Imparcial (2026), correspondent commissions and the paused banking licence
El Informador (2026), correspondent totals and the Banco Azteca deal
El Financiero (2026), the Spin job cuts
El CEO (2026), almost fifty years of the chain
Narration and visuals are AI-assisted. Stock footage from Pexels. Every script is researched and fact-checked.
#OXXO #Mexico #Fintech