Grupo Financiero Banorte SAB de CV - Company Profile

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Grupo Financiero Banorte SAB de CV: Overview

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Grupo Financiero Banorte SAB de CV (GFNorte) is a financial services group, which offers a range of banking and related financial solutions. It offers retail and commercial banking, brokerage, retirement and insurance solutions, asset management, and other solutions. The product portfolio includes savings, checking and payroll accounts; mortgage; debit and credit card; personal and auto credit; term investment funds; short-and long-term credit; and investment products. GFNorte offers insurance coverage for risks including life, home, car, integral protection, personal accident, business damage. It also offers services such as treasury, leasing, factoring, foreign exchange, asset management, foreign trade, payroll, remittance, estate planning, collection, trust, financing, international banking, internet banking, and mobile banking. The group has an operational presence in Mexico and the US. GFNorte is headquartered in Monterrey, Mexico.

 Gain a 360-degree view of Grupo Financiero Banorte SAB de CV and make more informed decisions for your business Gain a 360-degree view of Grupo Financiero Banorte SAB de CV and make more informed decisions for your business Find out more
Headquarters Mexico
Address Av. Revolucion 3000, Col. Primavera, Mexico, D.F., 05349
Website www.banorte.com
Telephone 52 55 11034000
No of Employees 30,085
Industry Financial Services
Ticker Symbol & Exchange GFNORTEO (MXK)
Revenue (2023) $26.3B 33.3% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ 15.4% (2023 vs 2022)
Market Cap* $30.5B
Net Profit Margin (2023) XYZ -13.4% (2023 vs 2022)
* As of and is in US$
View Grupo Financiero Banorte SAB de CV financials
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Grupo Financiero Banorte SAB de CV premium industry data and analytics

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IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Grupo Financiero Banorte SAB de CV (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Grupo Financiero Banorte SAB de CV’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Accounts: Factoring
Checking Remittance
Payroll Estate planning
XYZ XYZ
XYZ XYZ
XYZ XYZ
Understand Grupo Financiero Banorte SAB de CV portfolio and identify potential areas for collaboration Understand Grupo Financiero Banorte SAB de CV portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Corporate Changes/Expansions In January, the company introduced its new digital bank, Bineo.
2023 Plans/Strategy In December, Banorte announced its plans to launch Banco Bineo, a digital bank product.
2023 Contracts/Agreements In November, the company and Murex worked together to develop a solution to meet the needs and requirements of these clients.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Grupo Financiero Banorte SAB de CV Grupo Financiero BBVA Mexico SA de CV Grupo Financiero Inbursa SAB de CV Grupo Financiero Santander S.A.B. de C.V Banco Nacional de Comercio Exterior SNC
Headquarters Mexico Mexico Mexico Mexico Mexico
City Mexico, D.F. Mexico City Miguel Hidalgo Mexico City Mexico City
State/Province - Mexico City - Distrito Federal Mexico City
No. of Employees 30,085 42,094 9,330 16,016 -
Entity Type Public Private Public Private Private
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Executives
Name Position Board Since Age
Carlos Hank Gonzalez Chairman Executive Board 2015 50
Jose Marcos Ramirez Miguel Director; Chief Executive Officer Executive Board 2014 59
Rafael Arana de la Garza Chief Operating Officer; Chief Financial Officer Senior Management - -
Carlos de la Isla Corry Director; Managing Director - Risk and Credit Management Executive Board 2016 59
Isaias Velazquez Gonzalez Managing Director - Internal Audit Senior Management - -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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