Grupo Financiero Banamex is the owner of Banco Nacional de México (Banamex), Mexico's second largest bank behind BBVA Bancomer. The Banamex Financial Group was purchased by Citigroup Inc. in August 2001 for $12.5 billion. The Group continues to operate as a Citigroup subsidiary.
In August of 2001, Grupo Financiero Banamex was set up as a result of the sale of Grupo Finanaciero Banamex-Accival to Citigroup Inc. Joining Citigroup has allowed us to offer a wide range of financial services in Mexico and throughout the world through our subsidiary companies.
Banamex
Acciones y Valores Banamex
Casa de Bolsa (Brokerage Firm)
Seguros Banamex (Banamex Insurance Life)
Afore Banamex (Retirement Fund Management Company)
Today we are part of the world's leading financial services company, which has 200 million account holders in more than 100 countries.
Dirección Ejecutiva de Estudios Económicos y Comunicación (Executive Office of Economic Studies and Communication):
It is our mission of the Bank Of The Rio Grande, N.A. to provide a safe and sound depository of funds for Las Cruces and various communities of the Dona Ana County. We will be a lender with our targeted market being prudent loans to consumers, homeowners, and small businesses.
Our Goal is to be sound; therefore our capital will be maintained above minimum regulatory guidelines. We will strive to provide value to our share holders through growth and earnings. Our desire is to be above the median in bank performance, when compared to banks of our peer group in the Southwest.
