Grupo Financiero Banorte, also known as GFNorte, is a Mexico-based financial services group that provides banking, lending, investment, insurance, retirement, and other financial products. Its principal banking subsidiary, Banco Mercantil del Norte, operates under the Banorte name and serves individuals, businesses, government entities, and institutional clients.
The group offers checking and savings accounts, credit and debit cards, consumer and mortgage loans, commercial and corporate financing, investment products, foreign-exchange services, and electronic banking. Through its specialized subsidiaries and affiliates, it also provides brokerage services, insurance, leasing and factoring, asset management, and retirement account administration.
Banorte traces its origins to Banco Mercantil de Monterrey, established in 1899, and has developed into one of Mexico’s major financial groups. Its operations are primarily focused on the Mexican market, with services delivered through branches, digital channels, and other distribution networks. Grupo Financiero Banorte is headquartered in Mexico and is publicly traded in Mexico; its securities also trade over the counter in the United States under the symbol GBOOF.
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