Banorte

Grupo Financiero Banorte, also known as Banorte and Ixe, is a Mexican banking and financial services holding company headquartered in Monterrey and Mexico City. With over 1,200 branches and 7,200 ATMs throughout the country, Banorte is one of the four largest commercial banks in Mexico by assets and loans. In addition to offering traditional banking services, Banorte also provides insurance, pension, leasing, and brokerage activities to its customers.

Banorte's commercial bank, operating under the Banorte and Ixe brands, offers a wide range of financial products and services, including savings accounts, credit cards, payday loans, mortgages, commercial loans, and auto loans. As of 2014, the bank's performing loan portfolio was valued at $35 billion. Banorte also partners with over 5,200 commercial establishments, such as drug stores, convenience stores, and supermarkets, to receive deposits from customers.

As a publicly traded company, Grupo Financiero Banorte is listed on the Mexican Stock Exchange, the Latibex, and the U.S. OTC securities market through ADRs. It is a constituent of the IPC, the main benchmark index of the Mexican Stock Exchange, and the S&P Latin America 40, a collection of blue-chip companies from Latin America. With a strong presence throughout Mexico and a diverse range of financial offerings, Banorte is a leading player in the country's banking and financial services industry.

Founded: 1899

Headquarter: Monterrey, Mexico

Website: https://www.banorte.com