Banco Nacional de México (Citibanamex, formerly Banamex) is Mexico's second largest bank behind BBVA Bancomer. Following a universal banking strategy, Citibanamex offers a variety of financial services to individuals and corporations, including commercial and investment banking, insurance, and investment management.
Citibanamex has an extensive distribution networks of almost 1,500 branches. Banco Nacional de México is a part of Grupo Financiero Citibanamex.
Banamex was purchased by Citigroup in August 2001 for $12.5 billion. The Group continues to operate as a Citigroup subsidiary.
HQ: Mexico City, Mexico
Founded: 1882
ID: 53. Updated: 23.11.2019
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