Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Banorte's"


3 mentions found


[1/2] A general view shows the of headquarters of Banorte Bank in Monterrey, Mexico, June 17, 2019. Picture taken June 17, 2019. REUTERS/Daniel Becerril/File Photo Acquire Licensing RightsMEXICO CITY, Sept 27 (Reuters) - Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to handle operations related to nearshoring, amid an expected boom in activity from global manufactures wishing to relocate their factories, a company executive said on Wednesday. The latest hiring estimate marks an increase from Banorte's March announcement that it would hire 800 new employees to tap into nearshoring, in which businesses set up shop in Mexico near the U.S. border. Banorte projects the trend could generate an additional 30% in exports from Mexico over the next five years, totaling $168 billion.
Persons: Daniel Becerril, Alejandro Padilla, Banorte's, nearshoring, Marion Giraldo, Carolina Pulice, Isabel Woodford, Leslie Adler Organizations: Banorte Bank, REUTERS, Thomson Locations: Monterrey, Mexico, MEXICO, U.S, Nearshoring, North America, Asia
Mexico's Banorte to add 800 jobs to tap into nearshoring
  + stars: | 2023-03-29 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, March 29 (Reuters) - Mexican lender Grupo Financiero Banorte (GFNORTEO.MX) is preparing to hire 800 new employees to tap into growing demand from global companies moving their manufacturing operations to Mexico, its chairman told Reuters. The bank, which is one of Mexico's largest and already employs more than 30,000 people in the country, needs to grow its workforce to tap into the so-called nearshoring opportunity, Chairman Carlos Hank Gonzalez said on Tuesday. "We're adding about 800 people to our workforce to be able to capitalize on the opportunities ... 800 people that we're going to integrate just to be able to capitalize on the opportunities for nearshoring," he said. Mexico's top banks and the government alike are increasingly bullish on the country's nearshoring opportunity, with exports expected to soar. A spokesperson for the bank clarified this would be in addition to the 800 being hired in the main unit to cater to the nearshoring trend.
NEW YORK, March 28 (Reuters) - Mexican lender Grupo Financiero Banorte (GFNORTEO.MX) is preparing to launch a digital bank late this year or in early 2024, which it hopes will add about 3 million customers, its chairman said on Tuesday. "We're expecting the last phase of approvals from the authorities," chairman Carlos Hank Gonzalez told Reuters in an interview about the new digital bank. Rafael Arana, the lender's finance chief, said the digital bank already has 200 staff, which could increase to 600 and 800 after it opens. The business will compete with Brazilian digital bank Nubank, which has aggressively expanded in Mexico and signed up 3.2 million customers. Banorte's digital bank plans to add 3 million customers after learning from its experience of offering credit card applications via mobile phones, Arana said.
Total: 3