C
Grupo Financiero Banorte, S.A.B. de C.V. GBOOF
$9.06 -$0.655-6.74% OTC PK
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Corporate Info
Phone Number
52 55 1103 4000
Address
Col. Cruz Manca Santa Fe
Av. ProlongaciOn Reforma 1,230
DelegaciOn Cuajimalpa
Santa Fe
Mexico City, DF 05349
Country
Mexico
Year Founded
1899
Details
Sector
Financials
Industry
Banks
Employees
34,019
Business Decription
Grupo Financiero Banorte, S.A.B. de C.V., through its subsidiaries, engages in the provision of banking and financial products and services in Mexico and internationally. It offers retail banking services, including checking and deposit accounts; credit and debit cards; and mortgage, car, payroll, and personal loans; SME loans; payroll accounts; and car, home, life, and SME insurance. The company also provides wholesale banking services, such as structured loans, syndicated loans, leveraged acquisitions, investment planning, and cash management of collections, trust services, payroll, checking accounts, and credit lines; online banking, collections and payments, acquirer services, payroll, cash management and reconciliation services, currency trading, excess cash and liquidity management, and hedging and insurance; and import-export letters of credit, documentary collections, bank guarantees, standby letters of credit, letter of credit financing, import-export foreign trade financing, foreign trade structured financing, discounted import bills of exchange, import bank guarantees, international wire transfers, and remittances. In addition, it offers checking solutions, including current investment and debit accounts; financial solutions comprising SME loans and commercial credit cards; technological solutions, such as online banking, POS terminals, and payroll; and commercial insurance solutions that consist of auto, home, and employee insurance. The company was founded in 1899 and is based in Mexico City, Mexico.