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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.

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GFNorte Signs a Collaboration agreement with Export Development Canada
27 DE FEBRERO 2003

Agreement with Export Development Canada to support Mexican companies that import Canadian goods and services. President Vicente Fox of Mexico and Canadian Prime Minister Jean Chretién as witnesses of the agreement.

Banorte carries out a successful issue of underling and indexed debentures
03 DE DICIEMBRE 2002

The placement reached 1,136 million pesos and was completely carried out in México. The instituton gets long term funding and at the same time increases its capitalization ratio

Investors receive dividend payment from GFNorte
14 DE OCTUBRE 2002

Investors receive dividend payment from GFNorte of almost 500 million mexican pesos

Grupo Financiero Banorte is Granted a Temporary Stay of Proceedings in the Lawsuit Against its Brokerage House
15 DE JULIO 2002

The First District Judge of Monterrey, N.L. grants the stay in the decision that called into question 7.8% of GFNorte's shares.

Banorte & Moneygram Sign a Strategic Alliance
17 DE ABRIL 2002

This alliance adds 1,186 establishments to the American company’s distribution network in Mexico. System users will have access to one of the most competitive exchange rates on the market.

Banorte , New Holland and FIRA committed to Agricultural Technology Accessibility for Mexico´s Farming Communities
12 DE ABRIL 2002

Grupo Financiero Banorte , New Holland de México and the Fideicomisos Instituidos en Relación con la Agricultura (FIRA), confirm their committed participation in bringing technology to Mexico´s rural sector.

Banorte and Infonavit Sign a Collaboration
26 DE FEBRERO 2002

A 17.9% fixed rate financing plan for up to 15 years. Funding for up to 80% of the appraised value. Banorte will grant the loans with Apoyo INFONAVIT.

Grupo Financiero Banorte Takes Over Administrative Control of Bancrecer
10 DE ENERO 2002

The IPAB Cautionary Administration period ends. Federico Valenzuela is appointed Bancrecer CEO. Carlos Septién joins GFNorte as Assistant Director General.

Banorte Makes the Final Payment for the Acquisition of Bancrecer
04 DE DICIEMBRE 2001

Banorte was authorized by Secretaría de Hacienda y Crédito Público to purchase 100% of the stockholders' equity representative shares of Bancrecer, S.A.

Banco Mercantil del Norte Acquires BanCrecer
24 DE SEPTIEMBRE 2001

Banco Mercantil del Norte Acquires BanCrecer

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