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.
Net profit: MXN 18.0 billion (2012), MXN 18.5 billion (2013), MXN 14.2 billion (2014).
HQ: Mexico City, Mexico
Founded: 1882
ID: 53. Updated: 23.11.2019
- Press Releases
- 13.03.2011 Group recorded net earnings of $22.178 billion pesos (approx. $1.8 billion) in the full year 2010 (up 18%) and $5.077 billion pesos for the fourth quarter 2010.
- Head office: Juárez, Cuauhtémoc, Mexico City, Distrito Federal, México
- Phone: 1 800 226 2639 (USA & Canada), toll-free: 01 800 800 5858
- Fax: n/a
- SWIFT: BNMXMXMM
- Key people: Ernesto Torres Cantú (CEO)
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