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Afore XXI Banorte

Monterrey, Nuevo León, Mexicoxxi-banorte.com ↗

Ownership: Private
Employees: ~18000
Development stage: Commercial

Overview

Afore XXI Banorte is the largest private pension fund management company in Mexico, formed by the merger of Afore Banorte Generali and Afore XXI. It manages individual retirement accounts for Mexican workers, with contributions from employers, government, and employees. As of 2023–2024, it manages over $68 billion in assets and more than 17 million individual accounts. The company is recognized for its leadership in responsible investment and ESG practices within Latin America

Industry: Investors

Partnerships

Participates in international initiatives such as Climate Action 100+

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