Citibanamex’s smooth transition from Banamex and Citi: an interview with Manuel Romo on Mexico’s future

Banamex to retain 22 million clients as Citi acquires 2 thousand in seamless transition

After the separation of Banamex from Citi, Citibanamex’s general director, Manuel Romo, stated that the transition would be smooth and clients would not notice any changes in terms, conditions, benefits, or offers during the process. The sale of the Mexican bank has resulted in Banamex retaining 22 million clients while Citi will have 2 thousand clients.

In an interview before the 87th Banking Convention in Acapulco, Romo discussed the upcoming separation between Citibanamex and Citi. He also emphasized the importance of seizing opportunities in the current global context and expressed a positive outlook for Mexico’s economic growth. Romo highlighted the opportunities for Mexico in terms of nearshoring and the importance of infrastructure development and security. He praised the country’s strong institutional foundations and emphasized the need to continue building on them.

Romo also discussed the challenges that the next administration will face and expressed a willingness to support and collaborate with the government to address Mexico’s needs. He mentioned the possibility of a dialogue with Claudia Sheinbaum, Morena’s candidate for president of Mexico, but emphasized that their relationship was not affected by her decision not to attend their meeting of regional councilors. Romo emphasized the importance of maintaining open communication and partnerships for future progress in Mexico.

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