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KM Financial Solutions | UPDATE 1-Mexico’s Banorte profits drop as main banking unit suffers
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UPDATE 1-Mexico’s Banorte profits drop as main banking unit suffers

22 Jan UPDATE 1-Mexico’s Banorte profits drop as main banking unit suffers

Posted at 22:40h in News by
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Mexico’s Grupo Financiero
Banorte, which owns the country’s second-largest bank and
largest pension fund, reported on Thursday a 12% drop in
fourth-quarter net profits from the same quarter a year earlier.

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