Grupo Financiero Banorte (GFNORTEO) Corporate presentation summary

History and business highlights

• Evolved from a regional bank in 1899 to the second largest national financial group by 2026, with significant inorganic growth and business diversification through acquisitions and digital transformation initiatives.

• Implemented strategic plans such as the 20|20 Plan and 1,2,3 Plan, focusing on client segmentation, IT centralization, and digital banking.

• Formed key partnerships, including a joint venture with Rappi and the launch of the digital bank Bineo.

Market presence and recognition

• Operates nationwide with 1,229 branches, 12,318 ATMs, 268,877 POS terminals, and 46,191 correspondents.

• Holds 15% market share in loans and 14% in deposits as of May 2026, ranking second in several key segments including auto, payroll, credit card, mortgage, commercial, and government deposits.

• Received multiple awards for retail banking, corporate governance, SME banking, and digital innovation from global finance and industry organizations.

Digital transformation and client strategy

• Achieved 70% of transactions through mobile channels, with digital customers reaching over 10 million by 2Q26.

• Offers a comprehensive suite of products including deposits, loans, insurance, pensions, annuities, and wealth management, supported by advanced analytics and hyper-personalization.

• Expanded digital payments infrastructure and partnerships, including a 15-year commercial agreement with Rappi and integration with platforms like PayPal and CoDi.