Grupo Financiero Banorte S.A.B. de C.V. operates in the Commercial banks sector. Grupo Financiero Banorte SAB de CV is a Mexico-based financial group. Its activities include the acquisition and management of shares issued by entities active in the financial sector, as well as to participate and supervise its operations. Through its subsidiaries, it is involved in the provision of multiple banking services, securities trading, pension funds administration, buy and sell of outstanding invoices and documents, insurance policies, credit financing and other financial services aimed at businesses and individuals, as well as to small and medium-sized enterprises (SMEs). As of December 31, 2010, it owned such subsidiaries as Banco Mercantil del Norte SA; a commercial banking institution; Casa de Bolsa Banorte SA de CV, a brokerage house; Arrendadora y Factor Banorte SA de CV, a leasing and factoring entity, and Almacenadora Banorte SA de CV, a bonded warehouse. In addition, it operates a network of offices and branches located nationwide. In
our complete report available for purchase the company is compared to: Grupo Financiero Santander S.A.B. de C.V., Bancolombia SA and Mercantil Servicios Financieros, C.A.