Nicknamed the Umbrella or Big Daddy - Banamex - Banque Nationale Du Mexique, S.A. - 1935 dated 5 Share/250 Pesos Uncanceled Mexican Bond
Inv# FS1478
Uncanceled Bearer Stock certificate for 5 shares of $50 (pesos) each, thus totaling $250 (pesos). Known as the "Umbrella" or "Big Daddy".
The Banco Nacional de México (Banamex) was established in 1884 through the merger of the Banco Nacional Mexicano and the Banco Mercantil Mexicano. Supported by both domestic capital and European investment, Banamex was granted the unique authority to issue banknotes and manage the federal government’s treasury, effectively serving as the nation’s de facto central bank during the Porfiriato era. This dual role as a commercial powerhouse and a government fiscal agent enabled Banamex to play a pivotal role in modernizing Mexico’s financial infrastructure, funding significant railway projects, and stabilizing the national currency during a period of rapid industrial growth.
In the 20th century, the bank underwent several radical transformations, including its nationalization in 1982 and subsequent privatization in 1991 as part of Mexico’s economic liberalization. A landmark event occurred in 2001 when the global financial giant Citigroup acquired Banamex for approximately $12.5 billion, representing one of the largest corporate mergers in Mexican history. Presently, the institution is undergoing another substantial transformation as Citigroup prepares to spin off its retail and small-business operations into a newly independent entity, ensuring that the legacy of Banamex remains a cornerstone of the Mexican financial landscape.








Ebay ID: labarre_galleries