What happened to Banamex? The keys to understanding the sale of Citigroup

What happened to Banamex?  The keys to understanding the sale of Citigroup

Besides the Banamex brand, what will be sold?

Citigropu pointed out that the Citibanamex brand, the branches and customer accounts, the cultural heritage that includes buildings in the Historic Center (such as the Iturbide palace), the payroll credit business, cards, credit cards are put up for sale. mortgages, auto, SMEs, as well as the Afores and insurance business.

Will this affect the bank’s customers?

Alberto Gómez Alcalá, director of communication and economic studies of Citibanamex, pointed out that there does not have to be any impact on customers. He added that the employees will not be affected either and that the bank continues with its operations as normal.

“The ultimate goal is that no one is affected here, customers will continue to be served normally, on a daily basis, without anything happening and it is a priority objective for us that no one is affected by their normal operations,” he explained.

Who could buy the brand?

Some of the possible bidders are Santander, Banorte and Scotiabank, according to the news agency Bloomberg.

In tabto, Expansion He consulted Santander México, Banorte and Scotiabank for their position on the matter and they said they will not comment for the moment.