CEO Statement

Javier de la Calle Pardo
CEO – Nacional Monte de Piedad, I.A.P.

2022 presented Nacional Monte de Piedad with a year of changes and challenges.

A year in which it was time to look inward, to continue transforming, modernizing, and reflecting on how we can improve and continue to be a growth ally for the families that trust us. We know that we are a helping hand for all Mexicans and that El Monte lives to fulfill its founding mandate to “help those in need”.

And serve this moment to reflect on it. Why is it so important that Nacional Monte de Piedad continues to create value through its relief efforts?

Because what’s good for you is good for Mexico, it’s good for El Monte, it’s good for everyone. Because we have learned that when we walk together with accessible, competitive and ethical financing services, as well as carrying out good labor, environmental and governance practices, we go further. Because we are clear that there is nothing more valuable than being a change agent. Because Mexican society fights, is resilient and hard-working, because it needs solid and supportive assistance institutions, for all those who do not have access today to the financial system, and also for Mexicans who, having access to said financial services, do not receive them in the best conditions.

Due to the above, we are happy today to have more than 7.7 million pawn operations, through which millions of Mexicans benefited in 2022. An amount that translates into more than 30 thousand 901 million pesos in loans, but even more important, which becomes dreams fulfilled, goals achieved, or perhaps an important breather in a moment of difficulty.

Likewise, through our 301 branches throughout the Mexican Republic, we employ more than 4 thousand collaborators. People to whom we owe our success, and to whom we are happy to count among the essential members of the Monte family. We feel deeply grateful to them. El Monte would not be who it is today without you.

And now,
what’s next for this year?
Evolve, improve, continue
to get closer to whoever
needs us.

Additionally, something that we are very proud of in the Nacional Monte de Piedad family is, without a doubt, the social investment that we make year after year. And 2022 was no exception. We were allies of more than 550 Civil Society Organizations that support children, youth, women and vulnerable population for the benefit of their food security, education, health, decent work and financial inclusion, resulting in a total of 1.2 million people whose lives we try to transform and improve, through support of 322 million pesos. But the most wonderful thing about these figures is not the number itself, but where these supports come from.

When a person goes to take a pledge loan to Nacional Monte de Piedad, the remainder of that operation goes directly to these social supports. In other words, for every peso that Monte donates, there was a Mexican who decided to place his trust in us and, at the same time, help other people. We call this our Virtuous Circle of Help, our unchanging commitment to improving the Mexican social fabric. That is why we say that what is good for you, in the end, will always be good for Mexico.

And now, what’s next for this year?

Evolve, improve, continue to get closer to whoever needs us. We continue with the firm mission of being an ally and friend for those who dream of opening their own business, for those who want to take their family on vacation. For you, who are going to start College.

Thank you for joining us in 2022, as these achievements would not be possible without your trust. I am sure that 2023 will be a good year because, for Mexicans, there is no challenge too big for us.

2022 presented Nacional Monte de Piedad with a year of changes and challenges.

A year in which it was time to look inward, to continue transforming, modernizing, and reflecting on how we can improve and continue to be a growth ally for the families that trust us. We know that we are a helping hand for all Mexicans and that El Monte lives to fulfill its founding mandate to “help those in need”.

And serve this moment to reflect on it. Why is it so important that Nacional Monte de Piedad continues to create value through its relief efforts?

Because what’s good for you is good for Mexico, it’s good for El Monte, it’s good for everyone. Because we have learned that when we walk together with accessible, competitive and ethical financing services, as well as carrying out good labor, environmental and governance practices, we go further. Because we are clear that there is nothing more valuable than being a change agent. Because Mexican society fights, is resilient and hard-working, because it needs solid and supportive assistance institutions, for all those who do not have access today to the financial system, and also for Mexicans who, having access to said financial services, do not receive them in the best conditions.

Due to the above, we are happy today to have more than 7.7 million pawn operations, through which millions of Mexicans benefited in 2022. An amount that translates into more than 30 thousand 901 million pesos in loans, but even more important, which becomes dreams fulfilled, goals achieved, or perhaps an important breather in a moment of difficulty.

Evolve, improve,
continue to get closer to whoever needs us.

Additionally, something that we are very proud of in the Nacional Monte de Piedad family is, without a doubt, the social investment that we make year after year. And 2022 was no exception. We were allies of more than 550 Civil Society Organizations that support children, youth, women and vulnerable population for the benefit of their food security, education, health, decent work and financial inclusion, resulting in a total of 1.2 million people whose lives we try to transform and improve, through support of 322 million pesos. But the most wonderful thing about these figures is not the number itself, but where these supports come from.

When a person goes to take a pledge loan to Nacional Monte de Piedad, the remainder of that operation goes directly to these social supports. In other words, for every peso that Monte donates, there was a Mexican who decided to place his trust in us and, at the same time, help other people. We call this our Virtuous Circle of Help, our unchanging commitment to improving the Mexican social fabric. That is why we say that what is good for you, in the end, will always be good for Mexico.

And now, what’s next for this year?

Evolve, improve, continue to get closer to whoever needs us. We continue with the firm mission of being an ally and friend for those who dream of opening their own business, for those who want to take their family on vacation. For you, who are going to start College.

Thank you for joining us in 2022, as these achievements would not be possible without your trust. I am sure that 2023 will be a good year because, for Mexicans, there is no challenge too big for us.