BANAMEX


Also found in: Acronyms.

BANAMEX

The second-largest bank in Mexico. It was the result of a merger in 1884 and, in 1926 became the first Latin American bank to establish a presence in New York. It has been a subsidiary of Citigroup since 2001. It should not be confused with the Bank of Mexico, which is the central bank.
References in periodicals archive ?
The pilots association (Asociacion Sindical de Pilotos de Aviacion (ASPA) appeared to favor the consortium led by Banamex and Modelo.
This partnership allows both the merchants affiliated to Banamex to add a new brand as a sales opportunity, and JCBI to offer its over 89 million card members wider acceptance in Mexico.
Banamex even has 70,000 contactless terminals throughout the country and a mobile-friendly, purchase history that is viewable on a user's smartphone.
Banamex USA, a subsidiary of the bank, is believed to have violated money-laundering rules.
M2 EQUITYBITES-November 24, 2015-NCR to provide intelligent deposit ATM for Banamex in Mexico
FESPA Mexico 2015 which took place from 20-22 August 2015 at Centro Banamex, Mexico City sent strong signals of confidence in the Mexican wide format printing sector.
As part of the transaction, Banamex and EVO entered into a ten year strategic marketing alliance that includes an exclusive referral arrangement covering card acquiring and related products for Banamex's merchant customers.
Mexico City and Tokyo, Aug 3, 2015 - (ACN Newswire) - Banco Nacional de Mexico, S.A., Integrante del Grupo Financiero Banamex (Banamex), a leading commercial bank in Mexico, and JCB International Co., Ltd.
Mexico's largest lender, Grupo Banamex, is in deep financial and legal trouble with the Mexican and US governments for its handling of fraudulent loans to Oceanografia, a contractor that provided services to the state-run oil company PEMEX (SourceMex, March 19, 2014).