Banorte

Banorte

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Grupo Financiero Banorte (GFNorte), is a leading financial institution in Mexico, with the greatest business diversification and that continuously seeks ways to innovate in the financial sector, offering a wide variety of traditional and digital products and services, through its brokerage house, pension and insurance companies, afore, investment funds, leasing and factoring companies, the warehouse and recently announcing the inclusion of a digital bank. Banorte is the second largest financial group in Mexico in terms of credit portfolio, it is the number two provider of loans to governments and the second largest bank in mortgage loans. In addition, the retirement fund manager Afore XXI Banorte, of which GFNorte holds 50%, is the largest in the country in terms of resources under management. Banorte is the only commercial bank, among the six largest institutions, whose decisions are made locally without the influence of external parent companies, which has proven to be an advantage to adapt with agility to the changes and alternatives presented by the country.