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About Banamex
Grupo Financiero Banamex S.A. de C.V. has its origins and is the owner of Banco Nacional de Mexico or Banamex, Mexico’s second largest bank behind BBVA Bancomer. The Banamex Financial Group was purchased by Citigroup in August 2001 for $12.5 billion USD. It continues to operate as a Citigroup subsidiary.
