The Banorte Financial Group, under the direction of Marcos Ramírez, expresses its commitment to support the strategies promoted by the authorities, with a special focus on small and medium-sized enterprises (SMEs). The banking institution represents 12.1% of the total assets of the banking system as of the previous year and focuses on increasing sustainable financing, diversifying its financial products, and promoting projects with greater inclusion and financial education.
Ramírez highlights that, although they have experienced growth in various business sectors, true financial inclusion goes beyond the opening of accounts, emphasizing the importance of listening and continuous support to innovate and lead in financial services. The close of the previous year reported a Capitalization Index of 21.78% and a fundamental capital level of 13.21%.
The CEO emphasizes that the granting of credits must be done consciously, adapting to the profile of each client, without halting the credit flow. He emphasizes that the Banorte Financial Group has solid plans that are maintained thanks to trust in the country and the constant evaluation of its products to adapt to market needs.
Among the strategic priorities of the institution are digital transformation focused on hyper-personalization, financial inclusion, and commitment to Environmental, Social, and Governance (ESG) criteria. Additionally, the importance of strengthening the internal market and international relations for Mexico's growth is highlighted, even in adverse situations such as the policies implemented by the United States, the country's main trading partner.
Marcos Ramírez has expressed optimism regarding the coordination between the Federal Government, the private sector, and the authorities, highlighting the importance of working together to improve employment, strengthen the internal market, and enhance the country’s competitiveness globally. In his participation in the 88th Banking Convention, the relevance of the commercial and cultural relationship between Mexico and the United States was emphasized, projecting a continuity in the close collaboration between both countries.
Regarding financial results, as of the close of 2024, Banorte's business credit portfolio reached 448,760 million pesos, representing an annual increase of 17.3%. Increases of 15.6% were observed in the large enterprises portfolio and 11.1% in that of small and medium-sized enterprises. Banorte is considered a systemically important bank by regulatory authorities.
