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Monterrey, NL. The president and founder of Entrepreneurs for the Fourth Transformation, Javier Garza Calderón reported that in response to Citigroup’s announcement of putting the National Bank of Mexico up for sale (Banamex), nowadays Citi Banamex, considers that there is a possibility of rescuing its historical, cultural and financial assets so that they return to the hands of Mexican businessmen.
In a press release signed by the businessman from Monterrey, he points out that, “in my capacity as founder of the Association Entrepreneurs for the 4T (E4T) I have expressed my interest in inviting other entrepreneurs to form a group of investors in order to analyze their possible acquisition. My love for Mexico, my business background and my roots drive me in this idea”.
“Having been my family owner of Banca Serfín (expropriated by former president José López Portillo) and my subsequent experiences as Director of Banpais, Banca Somex, Banca Serfín, as well as Director of Seguros Monterrey, Fianzas and Arrendadora Monterrey, I have experience and knowledge for many years on the banking in mexico, of its strengths and weaknesses”, emphasized Garza Calderón.
He believed that the strategy is disruptive, so that this bank is truly Mexican; where Mexicans and migrants can buy shares and invest, without excluding, as President Andrés Manuel López Obrador said, some complementary foreigners.
“We would form a Trust to receive investors. In parallel, a team of national and international analysts and specialists will evaluate all the lines of business that it handles Citi Banamex and later we would make an offer”, he clarified.
He stressed that his parents and grandparents instilled in him the example of honest work, integrity, moral solvency and the search for a fairer Mexico with better welfare for all.
He warned that this process will be long and complex, but with enthusiasm and the support of other businessmen “we will be attentive to the bases formulated by Citigroup.”
Javier Garza Calderon He is the great-grandson of businessman Isaac Garza Garza, who founded the Cervecería Cuauhtémoc (today Heineken) and later, was president of the Board of Compañía Fundidora de Hierro y Acero de Monterrey. He is the son of Isaac Garza Sepúlveda and Nora Calderón Ayala.
It is worth mentioning that this Monday, January 17, President Andrés Manuel López Obrador said: “as now in the case of Banamex, which hopefully becomes Mexicanized, because it was a bank from Mexico, which emerged back in 1890, 1884 —a see if we can confirm it—during the Porfiriato; and it is a case similar to that of Mexicana de Aviación. They were like emblematic companies of Mexico, privatization comes and they hand them over, and Mexico is left without banks; one, Banorte and other little ones, but the big banks all privatized them”, he pointed out.
“We want, then, that Mexican bankers and Mexican businessmen participate and that the bank remains in the country,” assured the president.
remembered that Banamex it was sold for 12,500 million dollars and they would have had to pay around 3,000 million dollars of taxes that were not paid, because the law indicated that the operations in the stock market would not pay taxes, however on this occasion they will have to pay taxes.
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