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From Wikipedia, the free encyclopedia

Banco Nacional de Obras y Servicios Públicos, S.N.C.
TypeState owned
IndustryFinancial services
Founded1933
(as Banco Nacional Hipotecario Urbano y de Obras Públicas, S.A.)
HeadquartersMexico City, Mexico
Key people
Jorge Mendoza Director General
ProductsBanking, Financial
Number of employees
900
Websitewww.banobras.gob.mx

Banco Nacional de Obras y Servicios Públicos, SNC (National Works and Public Services Bank) or Banobras is state owned development bank in Mexico. Its core business is sub national (Municipal and State governments) and project finance. It was founded in 1933 as Banco Nacional Hipotecario Urbano y de Obras Públicas, S.A (National Urban Mortgage and Public Works Bank) by president Abelardo L. Rodríguez.

Until the 1985 Mexico City earthquake, its headquarters were located at the Torre Insignia, a pyramid-shaped building designed by one of Mexico's most noted architects, Mario Pani.[1]

As of December 2005, the bank has a loan portfolio of more than US$10 billion and a tier 1 capital of more than a 1 billion.

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This page was last edited on 22 May 2021, at 16:01
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