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GC acted as counsel to Banco Bradesco in the acquisition of Ictineo Plataforma, S.A. de C.V., S.F.P.

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Gonzalez Calvillo, March 5th, 2024 – We acted as counsel to Banco Bradesco (the second largest bank in Latin America), through its subsidiary Bradescard México, S. de R.L., in the acquisition of the regulated financial entity (SOFIPO) supervised by the Banking and Securities National Commission (CNBV), Ictineo Plataforma, S.A. de C.V., S.F.P.

This transaction was subject to multiple regulatory approvals, in Mexico and in Brazil, including the change of control authorization from the CNBV.

Likewise, this transaction will allow Bradesco to offer its clients the opening of deposit accounts, having already Bradescard approximately 3 million customers in Mexico with a credit card product, issued in association with other 5 companies, including C&A (one of the most important retailers in Mexico).

With the closing of this acquisition and the relevant authorizations obtained, Bradescard will seek to offer integral digital financial services to its clients in Mexico.

Led by partners Enrique González Calvillo, Bernardo Reyes Retana and Daniel Guaida, along with counsel Alberto Bustamante, our dedicated team, including Associates Álvaro Chávez, Carolina González, José Alfonso Fernández, and Héctor Ferrari, as well as law clerk Patricio Webber, ensured seamless execution.

For more insights, please visit: The Latin American Lawyer.

Enrique González Calvillo


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Bernardo Reyes Retana K.


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Alberto Bustamante


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Héctor Ferrari Ruiz


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Patricio Webber Martínez

Law clerk

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For almost four decades, González Calvillo has challenged the standards and rewritten the full-service firm model with a solution-oriented approach, evolving the practice of law in Mexico. Our firm is driven by the commitment to doing things differently, having a deep knowledge of the Mexican legal ecosystem, and our behaviour and interaction with today’s globalised business environment. That is how over 150 people between partners, counsel, associates, and other business professionals are responsible for making González Calvillo one of Mexico’s leading law firms. Our firm’s services are designed to help clients solve their most complex and challenging legal issues, finding the best solution for each case. By understanding clients’ business culture and strategy, González Calvillo establishes a close and strategic alliance that enables them to achieve more. For more information, please visit www.gcsc.com.mx.

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