Grupo Financiero Banorte, S. A. B. De C. V.
MarketLine (a Datamonitor Company)
06 Jun 2012
Available for Immediate Download
Grupo Financiero Banorte, S. A. B. De C. V. - Company Report, is a source of comprehensive company data and information. The report covers the company’s structure, operation, product and service offerings, and corporate actions, providing a 360° view of the company. Features: - Detailed information on Grupo Financiero Banorte, S. A. B. De C. V. required for business and competitor intelligence needs - Intelligence on Grupo Financiero Banorte, S. A. B. De C. V.’s mergers and acquisitions (M&A), strategic partnerships and alliances, capital raising, private equity transactions, and financial and legal advisors - News about Grupo Financiero Banorte, S. A. B. De C. V., such as business expansion, restructuring, and contract wins - Large number of easy-to-grasp charts and graphs that present important data and key trends Highlights: Grupo Financiero Banorte (Banorte) operates as a holding company, for the acquisition and management of entities engaged in the financial services industry and supervising their activities. The group, along with its subsidiaries, offers full-banking services, securities brokerage activities, management of retirement funds, leasing, the purchase and sale of uncollected invoices and notes, rendering of general warehousing services, annuities (pensions) and providing life and casualty insurance. The group primarily operates in Mexico, where it is headquartered in Monterrey and employs around 24,504 people. The group recorded revenues of MXN35,394 million (approximately $2,804.6 million) in the fiscal year ended December 2010, an increase of 5% over 2009. The group's operating profit was MXN9,266 million (approximately $734.2 million) in fiscal 2010, an increase of 31.4% over 2009. Its net profit was MXN6,705 million (approximately $531.3 million) in fiscal 2010, an increase of 14.5% over 2009. Reasons to Purchase: - Gain understanding of Grupo Financiero Banorte, S. A. B. De C. V. the company and its strategies - Track strategic initiatives of the company and latest corporate news and actions - Assess Grupo Financiero Banorte, S. A. B. De C. V. as a prospective partner, vendor or supplier - Support sales activities by understanding your customers' businesses better - Stay up to date on Grupo Financiero Banorte, S. A. B. De C. V. your competitors' business structure, strategy and prospects