# Banobras

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{{Short description|Mexican development bank}}
{{Multiple issues|
{{primary sources|date=December 2010}}
{{More citations needed|date=May 2020}}
}}
{{Use dmy dates|date=October 2019}}

{{Infobox company
| name   = Banco Nacional de Obras y Servicios Públicos, S.N.C.
| logo   = Logo de Banobras.svg
| type   = State owned
| slogan =
| foundation     = 1933<br>(as ''Banco Nacional Hipotecario Urbano y de Obras Públicas, S.A.'')
| location       = Mexico City, [Mexico](/source/Mexico)
| key_people     = Jorge Mendoza
[Director General](/source/Director_General)
| industry       = [Financial services](/source/Financial_services)
| num_employees  = 900
| products       = Banking, [Financial](/source/Financial)
| homepage       = [http://www.banobras.gob.mx www.banobras.gob.mx]
}}

'''Banco Nacional de Obras y Servicios Públicos, SNC''' (National Works and Public Services Bank) or '''Banobras''' is a state owned [development bank](/source/Development_finance_institution) in [Mexico](/source/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](/source/Abelardo_L._Rodr%C3%ADguez).

Until the [1985 Mexico City earthquake](/source/1985_Mexico_City_earthquake), its headquarters were located at the [Torre Insignia](/source/Torre_Insignia), a pyramid-shaped building designed by one of Mexico's most noted architects, [Mario Pani](/source/Mario_Pani).<ref>[http://www.excelsior.com.mx/2011/04/29/comunidad/732942 "Cobra nueva vida un símbolo de Tlatelolco", ''Excelsior'', 29 April 2011]</ref>

As of December 2005, the bank has a loan portfolio of more than US$10 billion and a [tier 1 capital](/source/tier_1_capital) of more than a 1 billion.

==See also==
{{Portal|Banks}}
*[Alonso García Tamés](/source/Alonso_Garc%C3%ADa_Tam%C3%A9s)

==References==
{{Reflist}}

==External links==
*[http://www.banobras.gob.mx/ Official web site]

{{Mexican banks}}
{{Authority control}}

Category:Banks established in 1933
Category:Banks of Mexico
Category:Companies based in Mexico City
Category:Government of Mexico
Category:Mexican companies established in 1933

{{finance-company-stub}}
{{mexico-company-stub}}

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Adapted from the Wikipedia article [Banobras](https://en.wikipedia.org/wiki/Banobras) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Banobras?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.