What Does Grupo Financiero Banorte Do?

Total employees17858
HeadquartersMonterrey
Founded

Grupo Financiero Banorte (GFNorte) is one of the largest and most important financial institutions in Mexico. Headquartered in Monterrey, it offers a wide range of products and services, including commercial and retail banking, brokerage, insurance, pension and retirement fund management (Afore), leasing, factoring, and warehousing. Banorte prides itself on being a 'Mexican bank playing in Mexico,' with a deep understanding of the local market. It serves individuals, small and medium-sized enterprises (SMEs), corporations, and government entities. The group is committed to innovation, digital transformation, and sustainable practices, aiming to provide excellent customer service and contribute to Mexico's economic development.

Where Is Grupo Financiero Banorte's Headquarters?

HQ Function

Serves as the primary corporate center for strategic planning, executive management, core operational oversight, and administrative functions for all of Grupo Financiero Banorte's diverse business lines.

Notable Features:

Modern corporate campus, known as 'Centro Corporativo Banorte', featuring extensive facilities designed to facilitate collaboration, house large operational teams, and support advanced technological infrastructure. It reflects the bank's scale and importance in the Mexican financial landscape.

Work Culture:

Characterized by professionalism, a strong focus on results and customer satisfaction, and adherence to robust corporate governance. Encourages innovation, employee development, and a collaborative environment within a framework of ethical banking practices.

HQ Significance:

The Monterrey headquarters underscores Banorte's origins and its strong presence in Northern Mexico, a key industrial and economic region. It symbolizes the bank's commitment to national development and its position as a leading Mexican-owned financial group.

Values Reflected in HQ: Modernity, operational excellence, commitment to Mexican talent, innovation, and a strong foundation for providing customer service and ensuring financial stability and trustworthiness.

Location:

Grupo Financiero Banorte's operations are predominantly centered in Mexico, where it has an extensive national network. Its international presence is strategic, primarily through Banorte Securities International in New York, USA, which facilitates access to global capital markets for its clients and the group. Additionally, Banorte caters to the Mexican-American community and supports cross-border business through various services and partnerships, historically including remittance services and specialized banking solutions in the U.S.

Street Address:

Avenida Revolución 3000 Sur, Colonia Primavera

City:

Monterrey

State/Province:

Nuevo León

Country:

México

Where Else Does Grupo Financiero Banorte Operate Around the World?

Mexico City, CDMX, México

Address: Torre Aleph (incorporating former Torre IXE facilities), Av. Paseo de la Reforma 265, Colonia Cuauhtémoc, C.P. 06500, Ciudad de México, México

Serves as a critical hub for operations in Central and Southern Mexico, facilitating high-level client engagement, regulatory interactions, and access to the nation's largest market.

New York, NY, USA

Address: Banorte Securities International, Ltd., 767 Third Avenue, 25th Floor, New York, NY 10017, USA

Provides access to U.S. and international financial markets, facilitating cross-border transactions, foreign investment into Mexico, and international financial advisory services for Banorte's clientele.

Buying Intent Signals for Grupo Financiero Banorte

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Grupo Financiero Banorte? Meet the Executive Team

As of April 2025, Grupo Financiero Banorte' leadership includes:

Carlos Hank González - Chairman of the Board of Directors
Marcos Ramírez Miguel - Chief Executive Officer (CEO)
Rafael Arana De Varona - Chief Financial Officer (CFO) & Chief Operating Officer (COO)
Fernando Solís Soberón - Chief Risk Officer (CRO)
Jose Antonio Rodriguez Magaña - Chief Information & Digital Officer (CIO/CDO)

Who's Investing in Grupo Financiero Banorte?

Grupo Financiero Banorte has been backed by several prominent investors over the years, including:

Publicly traded on the Mexican Stock Exchange (Bolsa Mexicana de Valores, BMV) under the ticker GFNORTEO.
Major institutional investors typically include international and domestic asset management firms, pension funds, and investment companies. Notable large holders often include subsidiaries of BlackRock, Inc., The Vanguard Group, Inc., and other global financial institutions.

What Leadership Changes Has Grupo Financiero Banorte Seen Recently?

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Exits0

Grupo Financiero Banorte's top C-suite executive leadership has maintained strong continuity over the past year. Significant changes at this level are infrequent and usually well-communicated. Any adjustments often pertain to strategic internal promotions or appointments to lead specific evolving divisions, rather than frequent turnover in the highest roles.

What Technology (Tech Stack) Is Used byGrupo Financiero Banorte?

Discover the tools Grupo Financiero Banorte uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Grupo Financiero Banorte Email Formats and Examples

Grupo Financiero Banorte commonly utilizes standardized email address formats for its employees. These formats typically combine the employee's first and last name with the official company domain, '@banorte.com'.

The most prevalent format appears to be `[first].[last]@banorte.com`.

Format

maria.lopez@banorte.com

Example

90%

Success rate

What's the Latest News About Grupo Financiero Banorte?

Banorte Investor RelationsApril 25, 2024

Banorte Reports Net Income of Ps. 14.2 Billion in 1Q24, an Annual Increase of 9%

Grupo Financiero Banorte announced a net income of Ps. 14.20 billion for the first quarter of 2024, representing a 9% increase compared to the same period in 2023. This growth was driven by robust performance in its loan portfolio, increased service fee income, and effective cost management....more

ContxtoJanuary 29, 2024

Banorte Launches Bineo, its 100% Digital Bank

Grupo Financiero Banorte officially launched Bineo, its new fully digital bank. Bineo aims to attract a new generation of customers by offering a seamless, entirely online banking experience, including savings accounts and loans, marking a significant step in Banorte's digital transformation strategy in Mexico....more

BNamericasFebruary 29, 2024

Banorte looking to consolidate position as Mexico's sustainable bank

Banorte is actively advancing its Environmental, Social, and Governance (ESG) strategy, aiming to strengthen its role as a leader in sustainable finance within Mexico. This includes ongoing efforts in green bond issuances and financing projects that deliver positive environmental and social impacts, aligning with global sustainability trends....more

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