Grupo Financiero Banorte Company Description
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.

Country | Mexico |
Founded | 1899 |
Industry | Banks - Regional |
Sector | Financials |
Employees | 34,447 |
CEO | Jose Ramirez Miguel |
Contact Details
Address: Col. Cruz Manca Santa Fe Mexico City, 05349 Mexico | |
Phone | 52 55 1103 4000 |
Website | banorte.com |
Stock Details
Ticker Symbol | GFNORTEO |
Exchange | Mexican Stock Exchange |
Fiscal Year | January - December |
Reporting Currency | MXN |
ISIN Number | MXP370711014 |
SIC Code | 6020 |
Key Executives
Name | Position |
---|---|
Jose Marcos Ramirez Miguel | Chief Executive Officer and Proprietary Board Member |
Engineer Rafael Victorio Arana de la Garza | Chief Financial and Operational Officer |
Mayra Nelly Lopez Lopez | Deputy Managing Director of Accounting |
Javier Beltran Cantu | Chief Administrator and Human Relations Officer |
Tomas Lozano Derbez | Executive Director of Corporate Dev., Finance Planning, IR and Sustainability |
Hector Martín Avila Flores | Chief Legal Officer and Secretary of the Board |
Fernando Solís Cámara y Jiménez Canet J.C. | Deputy Managing Director of Communication and Public Affairs |
Carla Juan Chelala | Deputy Managing Director of Marketing |
Carlos Eduardo Martinez Gonzalez | Managing Director of Government Banking |
Fernando Solís Soberón Ph.D. | Managing Director of Product and Segment Development |