News
Get to know the latest news about Grupo Financiero Banorte. In this section you will find the press releases, and other communications of general interest.
Banorte expands its remittance service capacity through Wells Fargo partnership
28 DE SEPTIEMBRE 2004
Announced today an partnership that will allow Banorte to improve and expand its family remittance services capacity.
Banorte: flexible loan guarantees for Pymes
09 DE SEPTIEMBRE 2004
With the Department of the Economy and Nacional Financiera, Banorte signs an agreement to share the credit risk. Banorte is responsible for 57 percent of the banking loans given to the Pymes (Small and Medium Companies)
Banorte launches currency exchange portal in real time
23 DE AGOSTO 2004
Using Reuters Electronic Trading, an Internet-based currency market negotiation system. Banorte is the first bank in Latin America to offer this tool. Banorte incorporates this option in its "Banorte in your Company" electronic banking service.
Banorte takes part in FOBAPROA - IPAB notes swap
19 DE JULIO 2004
The institution accepts GEL audits and turns down legal resources.
Related parties loans will not be repurchased, and Ps 137 million are "encapsulated".
Banorte ranks first in the Mexican business reputation index
01 DE ABRIL 2004
The institution gets the highest score in its field.
Specialists consider that Banorte has a wholesome relationship with clients, suppliers and shareholders, is highly legal in its dealings and contributes to the development of the country.
Transparencia Mexicana and Consulta Mitofsky develop their first quantitative business reputation register.
Banorte & Quinta Real agree to joint business scheme
04 DE MARZO 2004
As of next April 12, Banorte's credit card clients can exchange points for lodging at this hotel chain.
Board of Directors appoints new C.E.O. for Grupo Financiero Banorte, Banco Mercantil del Norte and Banco del Centro
23 DE FEBRERO 2004
GFNorte announced that Luis Peña Kegel has been appointed the new CEO of GFNorte
Banorte successfully places 300 million dollars in subordinated callable notes
19 DE FEBRERO 2004
Banco Mercantil del Norte (Banorte) successfully completed placing in the international market 300 million dollars in Non convertible Subordinate Callable Notes
Resignation of chief executive officer and director
13 DE FEBRERO 2004
Mr Othón Ruiz Montemayor has tendered his resignation as Chief Executive officer and member of our Board of Directors.
Banorte, forerunner in credit risk.
11 DE FEBRERO 2004
·The institution signs an agreement with Moody´s.
·The rating firm will develop its credit risk rating model for private companies in México, with information provided by Banorte.
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