Grupo Financiero Banorte, S.A.B. de C.V.
64000 Monterrey, Mexico Phone: +52-81-8319-7200
Fax: +52-81-8319-6237
http://www.banorte.com
Overview
Grupo Financiero Banorte is one of Mexico's leading bank groups, and the largest bank not owned by a foreign company. Banorte provides banking, lending, investment, and money exchange services through more than 1,100 branches. It serves the retail, corporate, and government markets; loans for the retail and manufacturing industries make up a large part of its lending portfolio. The group also has a microlending unit. Banorte subsidiaries offer pension management, insurance, annuities, leasing, and factoring services. The group has grown quickly through big-ticket bank acquisitions, including Bancrecer, Bancentro, and the state-controlled Banpais. It also owns South Texas-based Inter National Bank.
Sample OverviewKey Numbers from Hoover's UK
Key financials for Grupo Financiero Banorte, S.A.B. de C.V.
| Company Type | Public (Mexican: GFNORTE) |
|---|---|
| Fiscal Year-End | December |
| 2010 Sales (mil.) | £2,384.4 |
| 1-Year Sales Growth | 3.8% |
| 2010 Net Income (mil.) | £384.1 |
| 1-Year Net Income Growth | 25.2% |
Key People from Hoover's UK
Key people and executives for Grupo Financiero Banorte, S.A.B. de C.V.
| Chairman | Roberto González Barrera (Subscribers see complete biographies -- view sample)
|
|---|---|
| CEO | Alejandro Valenzuela del Rio |
| Chief Corporate Officer | Joaquin Lopez Doriga Ostolaza |
Top Competitors from Hoover's UK
Top competitors of Grupo Financiero Banorte, S.A.B. de C.V.
There are 5 competitors for Banorte; see more.Industry Information from Hoover's UK
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More Industry InformationRankings from Hoover's UK
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