Banorte

Banorte (or Banco Mercantil del Norte) is one of the largest Mexican financial groups, founded in 1899 as Banco Mercantil de Monterrey (as its headquarters was in the city of Monterrey, Nuevo Leon).

Business data

Income (2011): U.S. $ 3.0 billion
Net income: U.S. $ 608.2 million
Total assets: U.S. $ 59.2 billion (2011)
Employees (2001): 11,500