finance
finance
Mexican Households Receive $5.214 Billion in Remittances in September
Overview of Mexican Remittance Trends According to the Bank of Mexico (Banxico), Mexican households received a total of $5,214 million...
finance
Commercial Bank Credit Continues to Slow Down in September: Records Lowest Growth in 2025
Overview of the Situation The commercial bank credit to the private sector continued its slowdown in September, with all three...
finance
Mexico’s Pension Spending Hits Record 1.59 Trillion Pesos in 2025 (January-September)
Background on Pension Systems in Mexico In Mexico, pensions are categorized into two main types: contributory and non-contributory. Contributory pensions...
finance
CAME Payment Requests Surge to 2,312 Following Intervention
Background on CAME and its Significance CAME, or Sociedad Financiera para el Fomento del Empleo (Sofipo CAME), was a popular...
finance
Mexican Banks to Require ID for Deposits and Withdrawals to Combat Money Laundering
Introduction The Mexican Banking Association (ABM) has announced the implementation of enhanced practices for identifying operations related to Anti-Money Laundering...
finance
Aging Population Sparks Shift in Life Insurance: Swiss Re Forecasts $518 Billion in Long-Term Care Premiums Over Next Decade
Introduction to the Demographic Shift and Its Impact on Life Insurance As the global population ages, demographic changes are prompting...
finance
New Players Drive Evolution of Mexico’s Payment Ecosystem
Introduction to the Changing Landscape of Mexican Payments While cash still dominates transactions, accounting for 62% in 2025 compared to...
finance
Spain to Transfer Bank Supervision Powers to ECB and Spanish Central Bank
Background on the Situation In response to criticism from the European Union (EU) over attempts to hinder BBVA’s hostile takeover...
finance
Trafalgar Sofipo Begins Operations with CNBV Approval; Aims to Finance Small and Medium Enterprises (SMEs)
Background on Trafalgar Sofipo and Its Leadership Trafalgar Sofipo, a new Sociedad Financiera Popular (Sofipo), has received authorization from the...
finance
BBVA Mexico Implements Additional Anti-Money Laundering Measures for Enhanced Transaction Transparency
BBVA Mexico Already Compliant with Regulations According to Eduardo Osuna, Vice President and General Director of BBVA Mexico, the banking...
