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Santander Mexico says Citibanamex is attractive opportunity, asks if best way to increase exposure

Santander Mexico says Citibanamex is attractive opportunity, asks if best way to increase exposure

reuters.com · 04/29/2022 11:01
Santander Mexico says Citibanamex is attractive opportunity, asks if best way to increase exposure

- A Santander Mexico's BSMXB.MX executive said on Friday that sale of Citigroup's C.N Mexican consumer banking arm Citibanamex is an attractive opportunity that should be "analyzed deeply and carefully."

Any potential bid to purchase Citibanamex should ask if that is the "most efficient way" of increasing Santander Mexico's exposure to the Mexican market, said an executive during a conference call to discuss quarterly earnings.


(Reporting by Anthony Esposito)

((anthony.esposito@tr.com; +5255 5282 7140;))