Banorte Recognized for Excellence in Infrastructure Financing
Banorte Achieves Prestigious Recognition in Infrastructure
Grupo Financiero Banorte has been distinguished as the Best Infrastructure Bank of the Year in Mexico and Port Financing of the Year in Latin America by an international publication. This recognition was awarded during the 2025 Project & Infrastructure Finance Awards.
Commitment to National Development
Carlos Hank González, Chairman of Banorte, emphasized the significance of infrastructure as a driving force for Mexico's growth and the improvement of living standards for families. He stated that Banorte is dedicated to supporting major national initiatives as well as local infrastructure projects essential for municipalities and communities.
Key Contributions to Infrastructure Projects
Banorte earned the title of Best Infrastructure Bank of the Year due to its pivotal role in financing high-impact infrastructure endeavors across various sectors. These sectors include transportation, energy, and urban development, all of which are crucial to Mexico's advancement.
Award for Port Financing
In addition to its infrastructure accolades, Banorte received the Port Financing of the Year award for its involvement in the financial structuring of the Semi-Specialized Container and Cargo Terminal project, located in the North Bay of the Puerto de Veracruz. This landmark transaction, valued at USD 210 million, marked a significant milestone in the national port sector, being the first banking transaction for a project of its kind.
Strengthening Economic Growth
The recognition received by Banorte reinforces its status as a vital entity in financing projects that stimulate both economic and social development within the country. The bank has showcased its ability to innovate and adapt to the evolving needs of clients, ensuring that it provides financial solutions relevant to today's challenges in Mexico.
About LatinFinance
LatinFinance stands out as a premier source for specialized financial intelligence and analysis across Latin America and the Caribbean. With over 35 years of experience, the publication has closely followed the evolution of capital markets and banking sectors in the region, addressing significant topics such as debt, equity, and structured finance.
About Banorte
Grupo Financiero Banorte (GFNorte) is a comprehensive financial services provider offering a diverse range of services, including banking, brokerage, insurance, and pension management. Notably, GFNorte operates Afore XXI Banorte, recognized as the largest pension fund manager in Mexico based on assets under management.
The group is publicly listed on the Mexican Stock Exchange and boasts an extensive operational framework, including over 34,000 employees, more than 1,200 branches, and a broad network of ATMs and point-of-sale terminals.
Frequently Asked Questions
What is the significance of the Best Infrastructure Bank award?
This award recognizes Banorte's vital contributions to financing infrastructure projects that promote economic growth in Mexico.
Who is the Chairman of Banorte?
Carlos Hank González serves as the Chairman of the Board of Grupo Financiero Banorte.
What types of projects did Banorte finance this year?
Banorte focused on high-impact projects within the transportation, energy, and urban development sectors.
Why was the Port Financing of the Year awarded to Banorte?
Banorte received this award for its role in financing a significant port project that set new standards in national port transactions.
How does Banorte contribute to local communities?
Banorte is committed to supporting local infrastructure projects that enhance the quality of life for families in various municipalities.
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