Background on CAME and its Relevance
CAME, or Compañía Mexicana de Ahorros y Préstamos, is a significant financial institution in Mexico. It has been facing financial difficulties and recently restricted its operations for clients, raising concerns among its affected customers. The Comisión Nacional Bancaria y de Valores (CNBV), led by Jesús de la Fuente, has been entrusted with overseeing and regulating such situations.
CNBV’s Response to Affects’ Concerns
On April 24, a group of affected individuals visited the CNBV headquarters to seek clarification on CAME’s situation. In response, Eugenio Laris González, CNBV’s Vice President of Development Bank Supervision and Popular Finances, issued a clarifying letter.
Addressing Misinformation
The letter directly addressed misinformation spread by affected parties, stating that at no point was it confirmed that CAME was intervened by the CNBV since March. Laris González emphasized that neither he nor any other CNBV representative present during the meeting expressed or heard such claims.
Furthermore, the letter clarified that the CNBV did not instruct affected individuals to claim legal protection or suggest a probable revocation of CAME’s authorization. The CNBV also clarified that it is not responsible for the testimonies of affected parties, as those are personal accounts and not official CNBV statements.
CNBV’s Commitment to its Mandate
The CNBV, under Laris González’s leadership, reaffirmed its commitment to fulfilling its supervisory duties within the bounds of applicable regulations. The organization pledged to continue its efforts diligently, ensuring transparency and accountability in the financial sector.
CAME’s Financial Status
The Federación Atlántico Pacífico recently updated CAME’s capitalization classification for December, categorizing it as level 4 with a -3.953% indicator—the highest risk level for an entity of this kind.
Additionally, CNBV officials informed the affected parties about the Fondo de Protección de Sofipos y Protección a sus Ahorradores, which held a contable patrimony of 597 million pesos in December. Meanwhile, CAME had a deposit balance of 1,599 million pesos in customer savings.
Key Questions and Answers
- Q: Is CAME intervened by the CNBV? A: No, there has been no confirmation that CAME is intervened by the CNBV.
- Q: Did CNBV suggest CAME claim legal protection or revoke its authorization? A: No, the CNBV did not instruct CAME to take such actions.
- Q: Is the CNBV responsible for affected individuals’ testimonies? A: No, the CNBV is not accountable for personal accounts provided by affected parties.
- Q: What is CAME’s current financial status? A: CAME has been classified as level 4 with a -3.953% indicator, signifying the highest risk level for similar entities.
- Q: What is the Fondo de Protección de Sofipos y Protección a sus Ahorradores? A: It is a fund established to protect Sofipos and their depositors, which held 597 million pesos in contable patrimony in December.
