Banorte considers merging Bineo with Banorte
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old fintech BineoReuters
•World
World
Mexican lender Banorte to scrap unprofitable digital bank

81% Informative
Banorte will either sell or fuse year-old fintech Bineo, part of a larger overhaul of the bank's digital strategy.
CEO Marcos Ramirez says a decision should be made this year .
Bino lost 289 million pesos ( $14.12 million ) in the first quarter .
VR Score
92
Informative language
97
Neutral language
92
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formal
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English
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41
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Attention-grabbing headline
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short-lived
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