Established in 1932, BBVA Bancomer is the largest of the banks in Mexico. It provides various financial products and services to companies, government, individuals, and SMEs and business customers. The bank operates 1,800 branches, 7,700 ATMs, and 125,000 POS terminals. With around 10,000 employees, it is headquartered in Mexico City. As of 2016, total assets of the bank were US$900 billion and net profit was US$5775 million.