The 2015 All-Latin America Best Analyst Day: Financials/Banks, No. 3: Grupo Financiero Banorte

Grupo Financiero Banorte

Founded in 1899 in Monterrey, Mexico, Grupo Financiero Banorte is a banking and financial services company. It grew considerably as a result of industry consolidation after the Mexican financial crisis in the mid 1990s and now operates a broker-dealer, annuities and insurance companies, mutual funds, retirements savings funds, a leasing and factoring company and warehousing. Banorte manages $134 billion (as of June 2015) and is the fourth most liquid stock in Mexico, trading shares on the Mexican Stock Exchange and the Madrid Stock Exchange.

http://www.banorte.com

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