Carlos Hank Gonzalez’s Bineo wins clearance for a capital stock increase
Banorte customers will benefit from a Ps. 1.45 billion capital stock increase approved by the Ministry of Finance and Public Credit (SHCP) for Banco Bineo, Grupo Financiero Banorte’s digital banking company. With this injection of funds, the bank’s capital stock will be set at 3.125 billion pesos.
The authorization decree was published in the Official Gazette of the Federation (DOF), detailing that the National Banking and Securities Commission (CNBV) validated the amendment to article seven of Bineo’s by-laws. The institution must notify the date on which the corresponding notice will be published in the DOF and in two newspapers of wide circulation, in compliance with the provisions of the Law of Credit Institutions and the Law of the National Banking and Securities Commission (Ley de Instituciones de Crédito and Ley de la Comisión Nacional Bancaria y de Valores).
