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Banorte was founded in 1992 in the city of Monterrey, Nuevo León, Mexico and is the primary subsidiary of Grupo Financiero Banorte, one of Mexico's largest and oldest financial institutions, which has been present in Mexico since 1899. The "Banorte" trademark is a well-known mark in Mexico. The web domain name "banorte.com" was created in 1998.
The provision for CLABE standardization was issued by the Asociación de Bancos de México (ABM) (Mexican Bank Association) in conjunction with the Banco de México (Mexico's Central Bank). It ensures that the inter-bank fund transfers, payroll deposits, or automatic service charges are made to the correct accounts.
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The Estela de Luz (Stele of Light) is a monument in Mexico City built in 2011 to commemorate the bicentenary of Mexico's independence from Spanish rule.Its design was the winning entry in an invited competition to seek the best combination of Mexico's past and future; [citation needed] the design uses quartz and electric lighting to achieve this effect. [1]