Citibanamex

Company description

One of the largest financial services groups in Mexico (along with rival Bancomer), Grupo Financiero Banamex offers personal and corporate banking through such services as deposit accounts, mortgages, consumer loans, mutual funds, and credit cards. Flagship subsidiary Banco Nacional de México (aka Banamex) operates more than 1,500 branches and some 5,000 ATMs. The company's Accival (or Acciones y Valores) subsidiary is among Mexico's top securities brokerage houses. Grupo Financiero Banamex also offers insurance (Seguros Banamex) and pension services (Afore Banamex). In one of the largest-ever US-Mexico corporate mergers, Citigroup bought Banamex in 2001

Company details

City:
Mexico City
Address:
Isabel La Católica No. 44 Centro (Area 1), Cuauhtémoc México, CIUDAD DE MEXICO, 06000 Mexico
Phone:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • June 09, 2023

    Grupo Mexico open to buy Citibanamex

    Mexico's government has studied the possibility of buying a majority of shares in Citigroup's local retail unit known as Banamex. Mexico's government has stated that there would be no issue...

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