Citibanamex

It is one of the three most important banks in Mexico. It is an institution that that exercises multiple banking services and is part of the Grupo Financiero Banamex. Its main functions are to act as a state bank and commercial bank.

History

It was founded thanks to the merger between the Mexican National Bank and the Mexican Mercantile Bank in 1884. The bank grew rapidly and managed to establish 33 branches and 24 agencies in 1910. In 1929, it opened a representative office in New York. From 1930 to 1982, it developed and innovated new services such as Personal Loans, established the first computer in the Operations Process Center, launched the first credit card in the continent, and more. In 1977, it joined the Society for Worldwide Interbank Financial Telecommunication. From 1982 to 1990, the bank operated as a National Credit Society and subsequently adopted the name of BANAMEX as an acronym. In 2016, it changed its name to Citibanamex.

Routing Number

The route number consists of 9 digits that represent the efficiency and guarantee in a bank transfer: 122233645.

Number of Employees

The bank has approximately 29,171 employees.

Rating

The rating is the evaluation of a bank and the risks it can take in case of not paying a debt. Moody’s, S&P, and Fitch are the agencies in charge of it.

Citibanamex has a rating of:

  • Moody’s = A3.
  • S&P = BBB+.
  • Fitch = A.

A3 (Moody’s) = It has medium-high quality, low credit risk, but with elements that suggest a susceptibility to long-term deterioration.

BBB+ (S&P Global) = It is a medium level, but they are in a good situation.

A (Fitch) = It has great solvency capacity and low risk of default.

Headquarters

The headquarters of the entity is in Mexico City, Mexico.

Website

If you want to know more about this bank, enter through its website: https://www.banamex.com/.

Services

It offers a wide variety of banking products such as credit cards (gold, classic, platinum, etc.), debit accounts, payroll, credits (personal, mortgage, etc.), insurance and investments, and more. Also, it provides ATM services, account statements, notifications, and more through digital services. The institution performs online operations to activate or locate your card, sign up for bank services, and more.

Contact

  • Address: Isabel la Católica 44, Colonia Centro, Cuauhtémoc, Ciudad de México
  • Phone Number: +1 636-722-6799