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24-589: In March 2021, Mexican bank Banorte was announced as the stadiums's main sponsor. Following the demolition of the Estadio Tecnológico in 2017, after their main tenants, C.F. Monterrey moved to the Estadio BBVA , the Monterrey Institute of Technology and Higher Education (ITESM), owner and operator of the stadium, decided to build a new stadium with smaller capacity to host their sports teams, mainly

48-509: A call to action." Later Gonzalez Barrera worked in Pemex , as a driver at a plant in Veracruz, where he was in charge of something no one wanted to do, because of the risk: explosive transport. It was during this time that he also partnered in a small coconut plantation. He made good money, but after two years, suffering from malaria, he returned to his hometown, with 200,000.00 pesos of his earnings in

72-764: A financial group with full services Banorte wanted a securities company under its control, and Banorte acquired Casa de Bolsa Afin in July 1993. In 1997, Banorte established an alliance with the Italian insurance company Generali to offer insurance, pension funds, and Afore's services through their subsidiaries Afore Banorte-Generalli, Seguros Banorte-Generalli and Pensiones Banorte-Generalli. Banorte has operations in New York (Banorte Securities) and Grand Cayman (Banorte Grand Cayman Branch). Key numbers for fiscal year ending December 31, 2021 for Grupo Financiero Banorte: Operation Casablanca

96-533: A friend he had made in Cerralvo, General Bonifacio Salinas Leal, governor of Nuevo León, lent them money and kept some of the company's stock that, years later, would sell back to them again. Thus began a long relationship with politicians, which is one of the most repeated criticism that is made to Gonzalez Barrera: leveraging his political connections for his company's growth. He entered the Billionaire's club not with

120-529: A shoe-shine, along with his sale of food on the street. Almost naturally, at age 11 he left school for good and began working in a grocery warehouse his father had opened in Cerralvo where he sold dairy products, and at age 15, he had his own business. "I remember one day my grandfather asked me which of all the things I did, was the most profitable. I replied that selling vegetables," wrote Gonzalez Barrera in his institutional profile. "Then he said, 'Give yourself completely to it and do nothing more." "It seemed like

144-498: A smaller stadium with capacity of 2,000 spectators, a track and field stadium, a multi-use field, two grass fields, two fast football fields, one flag football field and one turf football field. Estadio Borregos has six dressing rooms for players and two for referees, a fully equipped gymnasium a physiotherapy room and an athlete lounge. The stadium hosted Dua Lipa 's Future Nostalgia Tour in September 2022 and Muse 's Will of

168-474: Is a well-known mark in Mexico. The web domain name "banorte.com" was created in 1998. It is a Forbes Global 2000 company, with total consolidated assets of approximately $ 80 billion, more than 30 billion dollars in assets under management, 12,500 employees and 950 branches. It is the only major bank in Mexico not owned by any foreign group. It was established in 1889 as Banco Mercantil de Monterrey . The charter of

192-833: Is listed on the Mexican Stock Exchange , on the Latibex, and on the U.S. OTC securities market through ADRs . It is a constituent of the IPC , the main benchmark index of the Mexican Stock Exchange , and of the S&;P Latin America 40 , which includes leading, blue chip companies from Latin America . Banorte was founded in 1992 in the city of Monterrey , Nuevo León , Mexico and is the primary subsidiary of Grupo Financiero Banorte, one of Mexico's largest and oldest financial institutions, which has been present in Mexico since 1899. The "Banorte" trademark

216-616: Is the holding company of Texas-based Inter National Bank . Banorte exercised its option to acquire the remaining 30% of INB Financial Corp stock for $ 146.6 million in 2009. As of March 2013, Inter National Bank has $ 2.1 billion in assets and is the 19th largest Texas bank. As of 2020, Banorte has been the sponsor of the Mérida Marathon in Mérida , Mexico , a city in the state of Yucatan . Roberto Gonz%C3%A1lez Barrera Roberto González Barrera (September 1, 1930 – 25 August 2012 )

240-603: The American football and association football squads. The stadium broke ground in 2017 and was inaugurated on 30 April 2019 with an event that involved the student community of the ITESM. On 3 May 2019, Borregos Salvajes played their first American football game against the UBC Thunderbirds , winning 24–17. Fundidores de Monterrey moved to the stadium for the LFA 2020 season from

264-587: The Banco Mercantil de Monterret was signed in a presence of the public notary Francisco L. Perez. In 1985 merged with Banco Regional del Norte to form Banco Mercantil del Norte (Banorte). In 1992, it was purchased from the Mexican Government by a group of investors headed by the Mexican businessman Roberto González Barrera . Over the next decade, Banorte transformed itself from a regional bank, based mainly in

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288-615: The Estadio Nuevo León Unido, which could only accommodate 1,500 people. The stadium also hosted Parrilleros de Monterrey of the Fútbol Americano de México league during 2022 on the team's only season, since the league dissolved in September 2022. The stadium is part of the Centro Deportivo Borregos, a sports complex within the Monterrey Institute of Technology and Higher Education campus, that also includes:

312-647: The People World Tour in January 2023 Banorte Grupo Financiero Banorte, S.A.B. de C.V. , doing business as Banorte ( Banco Mercantil del Norte ) and as Ixe , is a Mexican banking and financial services holding company with headquarters in Monterrey and Mexico City . It is one of the four largest commercial banks of Mexico by assets and loans, and the largest retirement fund administrator ( AFORE ). Grupo Financiero Banorte operates its commercial bank under

336-482: The brands Banorte and Ixe, offering savings accounts, credit cards, payday loans, mortgages, commercial loans and auto loans. Its performing loan portfolio was of US$ 35 billion in 2014. It also performs insurance, pension, leasing, and brokerage activities. Banorte has 1,269 branches and 7,297 ATMs nationwide. It can also receive deposits through more than 5,200 commercial establishments, such as drug stores, convenience stores, and supermarkets. Grupo Financiero Banorte

360-498: The coconut business. In Cerralvo, entered into joint partnership with his father in the family business that had already begun and developed new projects. At age 18, in the search for further business expansion, he had his first encounter with corn, on seeing his first corn mill. Curious, he asked for explanations about the process for the manufacture of tortillas, and realizing the business potential when he discovered that cotton workers consumed up to 15 tons of corn per month, imagined

384-499: The forfeiture case against Banorte. No criminal charges were filed and U.S. authorities gave them back $ 1.4 million seized in the operation. Banorte had implemented anti-money laundering policies and procedures and had detected and closed money laundering accounts prior to Operation Casablanca. These policies and practices assisted Banorte in defending itself against the money laundering charges. In 2006, Banorte acquired 70% of INB Financial Corp stock for $ 259 million. INB Financial Corp

408-500: The future. After convincing his father, they bought their first corn mill in 1948 for 75,000.00 pesos (the peso-dollar exchange rate fluctuated between $ 4.85 and $ 6.95), and took it to Cerralvo, where he started what is now Maseca, the company that manufactures and markets one out of every four corn tortillas in Europe, Asia and Central America. For starting it off they had to sell all of their other businesses, and when they ran out of money,

432-501: The northern Mexico, to one with nationwide coverage. In late 2001, Banorte acquired Bancrecer in US$ 125 million. Bancrecer had been taken over in 1999 by IPAB . Bancrecer had itself taken over another bank, Banco del Noroeste ( Banoro ), in 1997. Banorte expanded their business lines to include leasing (Arrendadora Banorte) in 1990, and to warehousing and factoring services (Almacenadora Banorte and Factor Banorte) in 1991. In order to set up

456-576: The stock is owned by U.S. conglomerate Archer Daniels Midland). and most of the remainder is split in half, with 50% held by his first wife, from whom he never divorced. González Barrera died in Houston , Texas , on 25 August 2012 from complications of cancer , he was 81 years old. His son Roberto González Sr. was a racecar driver, finishing third at the 1976 12 Hours of Sebring . His grandsons Ricardo González Valdez and Roberto González Valdez are also racecar drivers. González Barrera refused to testify in

480-509: The tortilla business, however, but through the Banorte financial group of which, since 1992 he has been the main shareholder, and the only Mexican bank to remains in Mexican ownership after the economic crisis of 1995. Its equity stake in Banorte, the third largest bank in Mexico, returned Gonzalez Barrera to 2011's Forbes list of billionaires, and that fact changed the nature of his wealth. Some health and family problems threaten Maseca (where 23% of

504-422: Was a Mexican businessman. He was the chairman of Gruma , the largest producer of tortillas and corn flour in the world, and of Banorte , the largest Mexican-owned private bank in Mexico. Because of his prominent role in the expansion of Gruma, he was often nicknamed "El Maseco" or "Don Maseco" (a reference to one of Gruma's subsidiaries, Grupo Industrial Maseca), as well as the "King of Tortillas". Barrera

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528-484: Was a three-year U.S. investigation of major Mexican banking institutions for laundering illicit drug profits. Mexican authorities were not informed about the investigation. This operations led U.S. Customs agents to arrest 22 high-ranking and mid-level bankers from 12 of Mexico's largest banks when they traveled to the U.S. in mid-May, expecting to attend a banking conference. The investigation produced 160 indictments, including 3 Mexican banks and 26 Mexican bankers. Banorte

552-613: Was among the banks and bankers implicated in money laundry, according to the Operation Casablanca. From the June to July 1998 issue of Money Laundering Alert , Banorte was suspected to have laundered $ 7,323,103.51, and Banorte faced a civil penalty lawsuit under Title 18, USC Sec. 1956(b) and civil forfeiture action under Title 18, USC Secs. 981 & 984. On July 1, 1999, a U.S. federal judge in Los Angeles dismissed with "extreme prejudice"

576-456: Was born in Cerralvo , Nuevo León . At the age of five, before starting school, he was selling eggs, bread, vegetables and other foodstuff in his native town of Cerralvo. "I was very happy," wrote Gonzalez Barrera in an institutional profile. "My childhood was very happy but I did not miss school. When I had free time I went to the streets to make money." Upon entering primary school he also became

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