TIMELINE

189919471986199219931995199719981999200020012002200320042005200620072008200920102011201220132014

1899

Founding of Banco Mercantil de Monterrey

1947

Fuounding of Banco Regional del Norte

1986

Merger of Banco Mercantil de Monterrey and Banco Regional del Norte to form Banco Mercantil del Norte (Banorte)

1992

Banorte is acquired by a group of businessmen headed by Don Roberto González Barrera, who would become its resident for Life as from 2011 and a driving force in the Bank’s development

1993

In order to increase the supply of services, Banorte acquired Afin Casa de Bolsa

1995

Despite the financial crisis, Banorte maintains its strength and started the incorporation of Bancentro, turning into a multiregional institution

1997

Banorte acquires Banpais and becomes associated with Generali International, a pension fund operator

1998

Inauguration of a new method for providing customer service using modern information technology: an online banking system and the Banortel call center

1999

Creation of the slogan: “The strong bank of Mexico”, coinciding with Banorte’s 100 year anniversary

2000

Grupo Financiero Banorte is recognized for its institutional values and financial solidity in the “Solid Bank” category by the rating agency of Fitch

2001

Acquisition of 100% of Bancrecer’s shares

2002

With the integration of Bancrecer, Banorte has become the fourth most important branch network in the Mexican banking system

2003

Banorte joins the globalization trend and forges alliances that foster economic growth in Mexico.

2004

Strengthening and focusing on growth strategies with new services and products

2005

Alliance with Telecomm - Telégrafos to offer banking service to thousands of Mexicans.
Relocation of the Group’s head office to a corporate building in Santa Fe, Mexico City

2006

Banorte crosses borders with the acquisitions of Inter National Bank and the remittance company, Uniteller in the USA.

2007

Banorte has over 1,000 branches and 3,500 ATMs. Acquisition of the remittance company, Motran in California, USA

2008

Banorte is named “Best Bank in Mexico” and “Best Bank in Latin America” by Euromoney magazine

2009

For a fifth consecutive time, Banorte earns the “Best Bank of the Year in Mexico” distinction from The Banker magazine

2010

World Finance recognizes GFNorte as “The Best Financial Group in Mexico 2010”

2011

Banorte was one of three finalists for the “Sustainable Bank of the Year 2011” award, bestowed by the Financial Times and the IFC.
Banorte – Ixe merger, converting it into the third largest banking institution in Mexico

2012

Inauguration of the “Don Roberto González Barrera” Contact Center, in memory of its president for life, coinciding with his passing that same year.
Creation of 5 Regional Boards, for the purpose of providing advice to the President of the Board of Directors on relevant issues in different zones of the country

2013

Afore XXI Banorte becomes the nation’s largest retirement fund administrator, after acquiring the Afore of BBVA Bancomer.

2014

Carlos Hank González is appointed President of the Board of Directors and Marcos Ramirez Miguel, CEO of Grupo Financiero Banorte.

Up

http://banorte.com/pop_up/informe_anual_2014

ANNUAL REPORT 2014

ANNUAL REPORT 2014 - Timeline

ANNUAL REPORT 2014 - Timeline

ANNUAL REPORT 2014 - Timeline

1899 - Founding of Banco Mercantil de Monterrey

responsabilidadsocial@banorte.com