NAFIN London Branch was established in the United Kingdom in 1976 as a representation office . In 1994, the Branch was recognised as a bank as part of the long-term strategy to position NAFIN within the global financial community through its Certificates of Deposit (CDs) Programme.
As an institution offering financial instruments to professional clients and eligible counterparties, the Branch is authorised and regulated by the Comisión Nacional Bancaria y de Valores (CNBV for its acronym in Spanish) and the Financial Conduct Authority (FCA) in the United Kingdom (FRN172327). Its successful growth has positioned the CDs Programme as one of the main sources of funding for NAFIN, a public development bank committed to promoting financial inclusion, national priority/sustainable projects and entrepreneurship.
In 2017, NAFIN’s CDs Programme was extended to USD 3,000 million, diversifying its portfolio with counterparties across Europe, North and South America and Asia. The London Branch is devoted to foster trading in the wholesale financial markets; add value to the institution and be an active promoter of knowledge transfer to our Head Office in Mexico.
Our Head Office, Nacional Financiera SNC (NAFIN) was established in México in 1934 as a national development bank to contribute to the economic development of the country by boosting innovation and improving productivity and competitiveness. Its core activities include:
Our Head Office is owned by the Mexican Government and is also registered in the United Kingdom as an Overseas Company under Company No. FC010661. NAFIN London Branch is currently registered as a Branch under UK Establishment No. BR003353.
“Nacional Financiera SNC through its London Branch offers Certificates of Deposit for sale to professional clients and eligible counterparties as defined in the rules set out by the Financial Conduct Authority. The Certificates of Deposit are not designed for retail investors. Nacional Financiera SNC is authorised and regulated by the Comisión Nacional Bancaria y de Valores in Mexico, the Financial Conduct Authority in the United Kingdom under FRN172327, and registered as a branch in England and Wales under No. BR0003353 at 30th Floor, 122 Leadenhall Street, London, EC3V 4AB. VAT Registration Number 245764343.”