Banorte does not consider making a bid for Banamex
Marcos Ramírez, the CEO of Banorte, stated that the company is not contemplating an offer for Banamex. Ramirez's remarks differed...
Banks
Santander’s CEO announces investments worth $2 billion in Mexico
Banco Santander's president, Ana Botín, announced a $2 billion investment in Mexico, indicating that the country has "more growth potential"....
Banorte’s profit increased 7% in 2024, surpassing 56.1 billion pesos
Grupo Financiero Banorte profit in the fourth quarter of last year alone was 13,724 million pesos, up 5% from the...
Trump and Japan’s technology company SoftBank pledge $100 billion in U.S. investments
President-elect Donald Trump and Masayoshi Son, the CEO of Japanese tech behemoth SoftBank, will unveil a $100 billion investment initiative...
Banorte receives the DORA 2024 prize for «digital transformation».
Grupo Financiero Banorte received the DORA Google Cloud 2024 award in the "Large Scale Improvements" category for their "Digital Transformation"....
After nearly three years, Citi announces the successful separation from Banamex
Citi announced on Monday the "successful separation" of its institutional banking operation in Mexico from its consumer and corporate banking...
Banorte and its sustainability
Banorte has taken significant efforts toward sustainability, with strong financial results and a variety of ESG activities. However, if it...
Carlos Hank González commemorates Banorte’s 125th anniversary
Grupo Financiero Banorte celebrated its 125th anniversary in Monterrey, where it was established in 1899 as Banco Mercantil de Monterrey....
Banorte intends to boost its loan portfolio by ten percent by 2025
Given the high demand for finance for subnational governments (states) as a result of the dynamism of nearshoring, Grupo Financiero...
Banorte report 7% profit increase, driven by loan activities
Grupo Financiero Banorte reported a net profit of 14,238 million pesos in the third quarter of 2024, up 7% from...
