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Banco Mercantil del Norte (Banorte) is the third largest bank in Mexico by assets. Banorte is the primary subsidiary of Grupo Financiero Banorte, S.A.B. de C.V., one of Mexico's largest and oldest financial institutions. Banorte provides a wide range of financial products and services including savings and investment accounts, checking accounts, money market deposits, time deposits, credit cards, online banking services, SME services, business loans, consumer loans, mortgage loans.
Total assets: Total assets: MXN 1,239 billion or approx. US$ 67.72 billion (as of June 30, 2016).
Net profit: MXN 15.2 billion (2014), MXN 17.1 billion (2015).
Net profit: MXN 15.2 billion (2014), MXN 17.1 billion (2015).
HQ: Monterrey, Mexico
Founded: 1899
ID: 1754. Updated: 28.11.2016
- Head office: Avenue Revolucion 3000, Primavera
Monterrey, NL 64830 - Phone: 52-81-83197200
- Fax: 52-81-83185042
- SWIFT: MENOMXMT
- Key people: José Marcos Ramírez Miguel (CEO)
- Company type: Public (BMV: GFNORTE, BMAD: XNOR, OTCQX: GBOOY)
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