Mexico continues as largest market for Citibank in Latin America

Posted on October 10, 2011 • Filed under: Business, Mexico, United States

Mexico continues as the leading country for Citibank in Latin America, although Banamex profits in the last two quarters show a significant decrease versus the comparable prior periods.

According to figures from the National Banking and Securities Commission (NBSC), from January to March this year compared to same period previous earnings of the second largest bank in the country dropped 70%, from 5949.1 million to 1782.9 million pesos. Read Article

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