The person consulted by Expansión said that Banamex maintains its strategy of going publicbecause this route allows a more competitive price, transparency in the operation and attracts the interest of new potential bidders.
No wonder, the institution that today is under the command of Manuel Romo has assets for 1.1 billion pesos until last July, with average annual profits of 22,000 millionmore than 1,300 branchessome 9,000 ATMsnearly 13.6 million customers in consumer bankingmore than 6,000 in business and 8.6 million are registered in their Afore.
This solidity has captured the attention of investors, who see the entity as a highly attractive asset. With these figures, Citi believes that the best way to maximize the value of Banamex is to take advantage of this situation and strengthen market perceptionrather than closing a hasty deal with an offer that does not fully reflect its potential, the source explained.
For the person consulted, the experience with Larrea a year ago, when he sought to buy Banamex and left the negotiation unfinished, left a bad taste in Citi’s mouth. “The Banamex that Larrea wanted to buy a year ago is not the same as today”.
On the other hand, the arrival of Fernando Chico Pardo generated good reception among shareholders, investors and the market in general, guaranteeing stability and reputation for the financial institution with more than 141 years of existence.
(Luz Elena Marcos)
One day after learning of the acquisition of a quarter of the banking business of the owner of Asur, president Claudia Sheinbaum publicly expressed her confidence in the operation.
