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Citibanamex S.A de C.V. (Mexico)

Main Activities: Securities and Commodity Exchanges
Full name: Citibanamex S.A de C.V. Profile Updated: March 19, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Spanish Download a sample report

Citibanamex S.A de C.V. is a company located in Mexico City. It was incorporated on June 2, 1884, through the merger of Banco Nacional Mexicano and Banco Mercantil Mexicano. During the Porfiriato era, the company supported the government in public administration as an issuing bank. In 1968, Citibanamex launched the first credit card in Mexico and Latin America. In 1984, the company adopted the acronym Banamex to celebrate its 100 years in Mexico. In 2001, Banamex-Accival was acquired by Citigroup at a 99.99% stake. In 2019, on its 135th anniversary, Citibanamex introduced the Sucursal Móvi, a mobile branch that allows for quick restoration of banking services in the event of a natural disaster. In 2021, the company launched the Tarjeta Simplicity, an innovative product that offers enhanced security for online purchases by not printing the CVV and preventing data theft and cloning.

Headquarters
Avenida Mixcoac numero 108, Colonia Actipan, Alcalda Benito Juarez
Mexico City; Federal District of Mexico City; Postal Code: 03230

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Website: https://www.banamex.com/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
September 09, 1976
Key Executives
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Managing Director
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Director
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Chief Financial Officer
Ownership Details
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Subsidiaries
Citigroup
Company Performance
Financial values in the chart are available after Citibanamex S.A de C.V. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MXN. Absolute financial data is included in the purchased report.
Net interest income
13.84%
Net fee and commission income
-21.52%
Operating profit (EBIT)
-4.37%
Net Profit (Loss) for the Period
-2.31%
Total assets
-51.04%
Total equity
20.08%
Cost to Income Ratio
-0.69%

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