Analyst Research

Report Title Price
Provider: S&P Capital IQ Factual Report
Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Thomson Reuters StreetEvents

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Grupo Financiero Banorte SAB de CV Announces Strategic Agreement with International Business Machines Corp

Monday, 11 Mar 2013 08:01pm EDT 

Grupo Financiero Banorte SAB de CV (GFNORTE) announced a formalization of a 10-year vital strategic agreement with International Business Machines Corp (IBM) that will concede a GFNORTE to emanate a new customer-centric banking model, while almost improving a potency to grasp levels tighten to 40% and lapse on equity above 20%. The agreement seeks to expand its tolerable height to grasp universe category efficiencies, which are as high as patron use and segmentation, influence and hit with clients, by developing existing channels, among others. Additionally, this agreement establishes a rare transformational attribute in a Latin America banking industry. The partnership considers an investiture of a plain Corporate Governance, in which both groups would participate. Additionally, depending on the expansion achieved by the partnership, it will expostulate investments in new projects. 

Company Quote

0.5 +0.60%
9:33am EDT