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GRUPO GIGANTE INTRODUCES BANK FACILITIES IN SECOND GIGANTE STORE

 MEXICO CITY, Feb. 25 /PRNewswire/ -- Grupo Gigante, S.A. de C.V., announced the opening of a second personal banking location in one of its Gigante subsidiary stores in Mexico City. A branch of Banco Mexicano, part of Grupo Financiero Invermexico, was opened yesterday in Gigante Santa Monica.
 With the January 1993 opening of Banamex branch in Gigante Loams Verdes, Grupo Gigante was the first to introduce a full-service, personal banking facility for the consumer inside a self-service, retail location in Mexico. To date, Grupo Gigante is the only self-service chain to offer this service in Mexico.
 Customers can perform their personal banking needs, including making deposits, withdrawals, credit card transactions and payments, and personal investments. Persons who wish to become a client of the bank can open accounts at the Gigante store facility, and take advantage of full-service opportunities. Teller services and ATM machines are available during the store's hours.
 Angel Losada Gomez, president of Grupo Gigante, said: "Once again, Grupo Gigante takes the lead in offering the consumer the most convenient and most efficient means of completing shopping needs."
 One of Mexico's strongest nationwide retailers, Grupo Gigante operates 148 self-service stores under the "Gigante" name in 30 cities throughout Mexico. Grupo Gigante recently opened a SuperMart store in San Juan de Rio as part of its joint venture with Oklahoma-based Fleming Companies Inc.
 -0- 2/25/93
 /CONTACT: Juan Carlos Mateos of Grupo Gigante, 52-5-724-8369, or John McInerney of Dewe Rogerson Inc., 212-688-6840, for Grupo Gigante/


CO: Grupo Gigante, S.A. de C.V. ST: IN: REA SU:

CK-OS -- NY033 -- 0337 02/25/93 11:03 EST
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Publication:PR Newswire
Date:Feb 25, 1993
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