finance
finance
Voluntary Savings in Mexican Pension Funds (Afores) Drops to 3% of Total Assets
Background and Relevance In Mexico, the Administrators of Savings for Retirement (Afores) manage funds on behalf of workers to ensure...
finance
Citigroup’s Board Approves Sale of Russian Unit to Renaissance Capital
Background on Citigroup and its Russian Operations Citigroup, a prominent global financial institution, has announced that its board of directors...
finance
BBVA, Santander, Banorte, and Banamex Remain Leaders in Mexico’s Banking Sector
Key Players and Their Market Positions BBVA, Santander, Banorte, and Banamex have maintained their leading positions in Mexico’s banking sector,...
finance
Understanding the Central Role of the Domestic Exchange Contract (CID) in Mexico’s Card Payment System
Introduction to the CID and its Relevance In recent discussions about caps on exchange quotas and the operation of payment...
finance
Microinsurance in Mexico: The Untapped Opportunity for Inclusive Growth
Introduction to Microinsurance Microinsurance is a financial product designed to protect vulnerable individuals against specific risks, such as accidents, illnesses,...
finance
Openbank Surpasses 10.2 Billion Pesos in Deposit Capture in Mexico
Introduction to Openbank and its Operations in Mexico Openbank, a digital banking arm of Santander that has successfully operated in...
finance
Payment Network Discussions Must Consider Business Model Impacts
Public Consultation on Payment Networks by Banco de México and CNBV Banco de México and the National Banking and Securities...
finance
Three Institutions Expected to Join Mexico’s Banking Sector in 2026
Nu: The Most Advanced Case Nu Mexico is the most advanced case, currently operating under the Sociedad Financiera Popular (Sofipo)...
finance
Afores’ Profits Surge 27% in 2025: Consar
Background on Afores and Their Recent Success The Administrators of Funds for Retirement (Afores) have seen a 27% increase in...
finance
Development Bank Disburses Over 1 Trillion Pesos in Private Sector Credit Between January and September 2025
Background on the Development Bank and Its Relevance The development bank in question plays a crucial role in fostering economic...
