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Grupo ElektraB de CV (XMAD:XEKT) Payments on Behalf of Employees


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What is Grupo ElektraB de CV Payments on Behalf of Employees?

Payments on Behalf of Employees only applicable to companies reporting Cash Flow from Operations in direct method.


Grupo ElektraB de CV (XMAD:XEKT) Business Description

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Address
Av Ferrocarril de Rio Frio, N 419-CJ Col Fraccionamiento, Industrial del Moral, Mexico DF, MEX
Grupo Elektra SAB de CV is a Mexican specialty retailer and financial services provider. It operates in South and Central America and the United States. The firm's main customers are found at the base of the socioeconomic pyramid. The firm's operations are split into the commercial division and the financial division. The commercial division offers electronics, appliances, and furniture, among other things. The financial division includes Banco Azteca (Mexico, Guatemala, El Salvador, Honduras, Peru), Advance America (U.S.), Afore Azteca, Seguros Azteca, and Punto Casa de Bolsa.