Banorte obtains digital bank permit

Banorte obtains digital bank permit

Mexico Technology

The head of Mexico’s financial regulator said Banorte plans to create a fully digital subsidiary to offer banking services to younger segments of the population, according to a local media report. Jesús de la Fuente Rodríguez, president of the National Banking and Securities Commission (CNBV), said Banorte received authorization last week to set up a bank that will offer a full range of banking services virtually, and without any branches, El Economista newspaper reported. Though Banorte has sai

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