Citi

Mexico City

A partnership that spans more than 130 years

Mexico City has been an important part of our history, and we’re committed to helping its success in the future.

Proud Member of the Mexico City Community

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Our Reach Across Mexico City

20,000+

Citibanamex employees

5.6 million+

consumer and business accounts

3.7 million+

Transfer accounts opened, giving locals a simple way to access funds through their phone or debit card

Our Commitment to Mexico City’s Communities

MXN$230 million+

invested in the community and environment by Citibanamex Compromiso Social since 2007, benefiting more than 4.8 million people

24,000+

total volunteer hours by 5,900+ Citibanamex colleagues, alumni, family and friends in 2016

Our Commitment to Social Entrepreneurship

Formento Social Citibanamex’s Social Entrepreneurship Program promotes and supports projects, organizations and social enterprises that address social and environmental issues, ultimately improving the quality of life of Mexico’s population. At a national level, the program’s 20+ million-peso investment into innovation and entrepreneurship has supported 103 social enterprises which have collectively generated 11,000 permanent and nearly 12,000 temporary jobs. Twenty-three percent of the companies in the portfolio were founded or are led by women.

Within these 103 enterprises, there are a variety of socially-conscious initiatives that support issues like clean water, sanitation, affordable and non-polluting energy, as well as movements towards creating sustainable cities and responsible consumption. As a result, 1,820 Mexican families have access to affordable and non-polluting energy, more than 75,000 children have access to drinking water in rural and urban areas, and 124,000 people have received training in responsible consumption and recycling.

Supporting Inclusive Economic Growth in Mexico

Citibanamex, on behalf of Mexico’s Development Bank, successfully priced the country’s first Social Bond. Social Bonds are innovative financing mechanisms that enable investment in companies or projects focused on delivering specific social outcomes.

This new Social Bond will be used to finance a range of important projects in Mexico City and across Mexico, from job creation through small enterprise development to investment in energy efficiency that will reduce utility costs for low-income households. Other projects that will receive financing focus heavily on strategies to expand access to affordable financial products and services that support the new or existing businesses of young entrepreneurs.

This latest bond represents a major milestone for Mexico, which has made financial inclusion a key priority as part of its economic growth strategy.