April 23, 2014 9:17 PM ET


Company Overview of Banco Mercantil Del Norte, S.A.

Company Overview

Banco Mercantil Del Norte, S.A., together with its subsidiaries, provides financial products and services in Mexico and the United States. The company accepts deposits; grants loans; engages in brokerage of securities; and carries out repo transactions. It also involves in the trade of derivative instruments, such as forwards, futures, swaps, and options. The company was founded in 1899 and is headquartered in Monterrey, Mexico. Banco Mercantil Del Norte, S.A. operates as a subsidiary of Grupo Financiero Banorte S.A. de C.V.

Av. Revolucion

Number 300

Monterrey, NL 64000


Founded in 1899


52 81 834 32030

Key Executives for Banco Mercantil Del Norte, S.A.

Related Director and Chief Executive Officer of Grupo Financiero Banorte SA De C V
Age: 51
Managing Director and Equity Director
General Director of Retail Banking
Age: 56
General Director of Majority Banking
Age: 49
Compensation as of Fiscal Year 2013.

Banco Mercantil Del Norte, S.A. Key Developments

Banco Mercantil Del Norte, S.A. Reports Earnings Results for the First Quarter of 2013

Banco Mercantil Del Norte, S.A. reported earnings results for the first quarter of 2013. For the quarter, the company reported net profit of MXN 2.042 billion.

Bank of Tokyo-Mitsubishi UFJ, Ltd. and Banco Mercantil Del Norte, S.A. Signs Memorandum of Understanding

Bank of Tokyo-Mitsubishi UFJ, Ltd. and Banco Mercantil Del Norte, S.A. signed a memorandum of understanding regarding a comprehensive alliance that aims to strengthen their collaboration in corporate finance, investment banking and other businesses.

Recent Private Companies Transactions

May 24, 2013
Ixe Banco, S.A. and Fincasa Hipotecaria, S.A. de C.V.

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