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 ?
Al parecer, Cervantes recibio ordenes de un alto ejecutivo de Banamex. Actualmente, el joven que presumio ser "el numero uno en ventas en toda el area de trade (comercio internacional) en banca corporativa" de dicha institucion se encuentra desaparecido.
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.
La CNBV, el organismo regulador de las instituciones financieras, concluye ahi que Banamex sufrio un "quebranto patrimonial" por 455 millones de pesos que "se encuentra inmerso en el registro contable del dano patrimonial por 5 mil 234 millones de pesos, esto a sabiendas de que con dicha falsedad (de los directivos de Oceanografia) se generaria, como en efecto ocurrio, el quebranto patrimonial en cita para adecuarse a la hipotesis tipica prevista y sancionada en el articulo 112, fraccion I de la Ley de Instituciones de Credito".
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.
NCR Corporation, the global leader in consumer transaction technologies, today announced that it has been chosen as the intelligent deposit ATM provider of Banamex, one of Mexico s largest financial institutions.
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).