Banorte Wins Fifth Consecutive Most Honored Company Award
News related to:Grupo Financiero Banorte · 2 min read
MEXICO CITY, Sept. 30, 2026 /CourierPR/ -- Grupo Financiero Banorte, led by Carlos Hank Gonzalez, has once again been recognized as the most honored company in Mexico and in Latin America’s banking sector. This accolade, awarded by the international firm Extel, marks the fifth consecutive year the institution has received this distinction.
Extel, formerly known as Institutional Investor, evaluates companies across various industries in Mexico and companies in the financial sector in Latin America, excluding Brazil. This year, Banorte topped the rankings in several categories, including Best Board of Directors, Best Chief Executive Officer, Best Chief Financial Officer, Best Investor Relations Officer, Best Investor Relations Team and Program, and Best Environmental, Social, and Governance (ESG) Performance.
The recognition is a testament to the strength of Banorte's corporate governance practices, the quality and leadership of its management team, and its ongoing commitment to transparency, operational excellence, and creating sustainable value for its stakeholders. The company's robust performance across multiple categories underscores its leadership in the financial sector.
In the assessment of the financial sector in Latin America, excluding Brazil, Banorte ranked first in the Best Board of Directors category. Additionally, in the Mexico (all industries) and Latin America, excluding Brazil (financial sector), rankings, Banorte ranked first in the following categories: - Best CEO - Best CFO - Best IRO - Best IR Team - Best IR Program - Best ESG
These achievements are a result of the company's consistent efforts to maintain high standards in corporate governance and operational excellence. The fifth consecutive year of this recognition highlights Banorte's dedication to excellence and its commitment to serving the financial needs of its customers and stakeholders.
Grupo Financiero Banorte offers a wide range of financial services to individuals and corporations through its banking, brokerage, fund management, insurance, pension, leasing, and factoring businesses. The company is a publicly traded entity listed on the main index of the Mexican Stock Exchange, with a strong presence in the country's financial landscape. As of the latest figures, Banorte employs 35,701 people, operates 1,229 branches, 12,318 ATMs, 268,877 point-of-sale terminals, and 46,191 banking correspondent locations.
This achievement comes as a result of the company's consistent efforts to maintain high standards in corporate governance and operational excellence. The fifth consecutive year of this recognition highlights Banorte's dedication to excellence and its commitment to serving the financial needs of its customers and stakeholders.
The 2026 edition of the Extel ranking, published on August 11, introduced a methodology based on the direct selection of companies by attribute, assessing aspects such as leadership, credibility, market knowledge, communication, and execution capabilities. This rigorous evaluation process underscores the significance of Banorte's achievements and the high standards set by the company.
These awards reflect the strength of the Group's corporate governance practices, the quality and leadership of its management team, as well as its ongoing commitment to transparency, operational excellence, and creating sustainable value for its shareholders and other stakeholders. The recognition also highlights Banorte's position as a leader in the financial sector, contributing to the economic development of Mexico and the broader Latin American region.