Banorte

Banorte or Banco Mercantil del Norte is a major bank in Mexico, based in Monterrey. It was established in 1889 as Banco Mercantil de Monterrey and in 1985 merged with Banco Regional del Norte. In 1992 it was purchased from Government by a group of investors headed by the Mexican entrepreneur Roberto Gonzalez Barrera. Nowadays is the only major bank in Mexico not owned by any foreign group.

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Bank: The essential function of a bank is to provide services related to the storing of deposits and the extending of credit. The evolution of banking dates back to the earliest writing, and continues in the present where a bank is a financial institution that provides banking and other financial services...

Mexico: The United Mexican States or Mexico (Spanish: Estados Unidos Mexicanos or M?xico; regarding the use of the variant spelling M?jico, see section The name below) is a country located in North America, bordered by the United States to the north, and Belize and Guatemala to the southeast. It is the nort...

Monterrey: This article is about the Mexican city; for other uses, see Monterrey (disambiguation)....