finance
finance
Banxico Cuts Base Rate by 25 Basis Points to Leave it at 7.25%
Background on Banxico and Its Role The Bank of Mexico, known as Banxico, is the central banking institution responsible for...
finance
Banxico Reduces Interest Rate by 25 Basis Points to 7.25%
Background on Banxico and Its Role The Bank of Mexico, or Banxico, is the central banking institution responsible for managing...
finance
Credit Card Usage Continues to Rise in the Country: BBVA Leads with Over 10 Million Contracts
Credit Card Usage Surge and Bank Performance The use of bank credit cards continues to increase in the country, reflected...
finance
Banxico’s Research: How High Interest Rates Affect Bank Lending
Introduction to Banxico’s Findings During periods of tight monetary policy, private banks tend to lend more to relatively safer businesses...
finance
Fintech Mundi to Allocate $200 Million for Financing Exporting SMEs
Introduction to Mundi and its Relevance Mundi, a technology-driven financial firm specializing in export financing, has announced the launch of...
finance
Amazon Partners with Nubank in Brazil to Expand Credit and Shopping Access
Introduction In a strategic move to bolster their presence in the Brazilian market, e-commerce giant Amazon and digital banking pioneer...
finance
New Judicial System Leads to Fewer Business and Bank Appeals, Says IMEF
Introduction to the New Judicial System With the new judicial system that took office in September, companies and banks are...
finance
Banorte Warns of Potential Miss on 2025 Profit Target Amid Bineo Sale
Background on Banorte and its Relevance Banorte is a prominent financial group in Mexico, boasting one of the largest banks...
finance
Nexi No Longer Bound to Purchase Sabadell’s Paycomet Unit
Background on Key Players Nexi, an Italian payment group, and Sabadell, a Spanish bank, were previously in discussions regarding the...
finance
Fintech and Cooperatives Challenge Traditional Banks in Brazil
The Evolving Financial Landscape in Brazil Brazil’s financial system is undergoing a significant transformation, shifting away from the long-standing dominance...
