Grupo Financiero Banorte, S.A.B. de C.V. is a Mexico-based financial services holding company and the parent organization of Grupo Financiero Banorte. Through its subsidiaries, the group provides banking, insurance, retirement savings, investment, brokerage and other financial services to individuals, small and medium-sized businesses, corporations and government entities.
Its principal banking subsidiary, Banco Mercantil del Norte, operates under the Banorte brand and offers deposit accounts, consumer and commercial loans, mortgages, credit cards, payment services, investment products and digital banking. The group also provides insurance and annuity products, pension and retirement administration, asset management, securities brokerage, leasing, factoring and other specialized financial services through its related businesses.
Banorte traces its origins to Banco Mercantil de Monterrey, established in 1899, and has expanded into one of Mexico’s prominent financial groups. Its operations are primarily focused on serving customers throughout Mexico through branch, electronic and digital channels, with selected services supporting cross-border and international financial needs. The group is headquartered in Mexico City and is listed on the Mexican Stock Exchange; its securities also trade in the United States in over-the-counter form under the symbol GBOOY.
