After confirming that Banamex goes break away of Citi, two of the most recognized banking institutions nationally and internationally, dozens of doubts have arisen about whether the bank disappears and there is already an official position on the matter. This breakup has generated a series of questions among the clients of this bank, especially with regard to what it will happen with their cards of credit and debit in this 2024.
The separation between Banamex and Citi Group comes as part of Citi's global restructuring strategy, which seeks to simplify its operations and focus on its core activities in certain markets in 2024. This decision has been the result of an exhaustive analysis by both institutions and responds to changes in the financial and regulatory landscape both nationally and internationally.
That is why the doubt about what it will happen with the cards of credit and debit of Banamex are on the minds of thousands of clients, especially without signs of who would be the bank's next buyer or if it would restructure its debt to continue its operations in Mexico.
This will happen with your debit and credit card in 2024
At the moment there will be no big changes for customers of Banamexbut starting in the second half of the year the adjustments will begin after separating from Citi. This entire process will end when the Initial Public Offering becomes official in 2025, with which it will be announced who is the new buyer of this financial institution, who will be the one who decides what it will happen with your card of credit and debit.
On the subject if it disappears Banamex after separating from Citi Group, although there are possibilities of it happening, it is almost ruled out that it will dissolve. Likewise, the Mexican Bank assured that the savings of its clients in cards of debit and the use of cards of credit will continue as before during this 2024. So for now, you won't have to think about changing banking institutions.
For customers of Banamexto the break away with Citi does not necessarily imply an immediate change in the functioning of your cards of credit and debit. In the short term, banking and card usage will remain the same, and customers will be able to access regular services without interruption for this period. 2024.
As a customer of Banamexyou do not need to take any immediate action in response to the separation with Citi. You can continue using your credit and debit cards as normal and accessing the banking services offered by this bank as you have done until now. However, it is important that you stay in constant communication with your bank to avoid financial problems.