In contrast with some of the world's largest economies, Mexico finds itself at a special conjuncture: stable in terms of its main macroeconomic variables and showing sustainable growth based on job creation and expanding credit.

These factors, combined with the achievement of political agreements, the foregoing factors have made for significant structural reforms and created a climate of optimism favorable to investment and development.

In order to seize this opportunity, we have a solid, well-capitalized banking system with an expanding infrastructure and the human capital required to meet our responsibility: finance economic growth and drive financial inclusion, in the aim of achieving higher levels of development and wellbeing for Mexico. This is our commitment and, in order to achieve it, we are investing.

As an example of this, the considerable expansion of credit over the past several years stands out; credit has shown double-digit growth in spite of the worldwide economic slowdown. In the same direction, various initiatives have been implemented to develop means of payment in Mexico, always with an eye to increase efficiency and security for customers and users of the banking system. Finally, in the aim of making financial inclusion a tool whereby all Mexicans can obtain financing for their projects, we have promoted ambitious financial and economic education programs.

Committed to sustainable development, we strike a balance between the generation of economic value, support to Mexican society, and care of the environment.

It is this commitment that motivates us to provide permanent support to education and various social programs, always seeking to involve our customers in these efforts.

In the area of the environment, the banking system has undertaken programs aimed mainly at saving energy and paper through the use of renewable energy sources and the use of environmental protection criteria for credit granting.

In spite of all we have done, we know that there is still a long way to go and many other goals to achieve.

Through this report, we reaffirm our vocation to serve our country. The Mexican banking system is prepared to continue expanding the availability of financing and reaching the agreements necessary to make the most of the opportunities that growth and structural reforms bring, always within a framework of sustainability and co-responsibility.