Banobras

Infobox_Company
company_name = Banco Nacional de Obras y Servicios Públicos, SNC
company_
company_type = State owned
company_slogan =
foundation = Banco Nacional Hipotecario Urbano y de Obras Públicas, S.A, 1933
location = Mexico City, Mexico
key_people = Alonso García Tamez Director General
industry = Financial Services
num_employees = 900
products = Banking, Financial
homepage = [http://www.banobras.gob.mx Banobras]

Banco Nacional de Obras y Servicios Públicos, SNC (National Works and Public Services Bank) or Banobras is state owned development bank in Mexico. Its core business is sub national (Municipal and State governments) and project finance. It was founded in 1933 as Banco Nacional Hipotecario Urbano y de Obras Públicas, S.A (National Urban Mortgage and Public Works Bank) by president Abelardo L. Rodríguez.

As of December 2005, the bank has a loan portfolio of more than 10 billion USD and a tier 1 capital of more than a 1 billion.

External links

* [http://www.banobras.gob.mx/ Web site]