finance

Savings in Afores Exceed 7 Trillion Pesos for the First Time

Savings in Afores Exceed 7 Trillion Pesos for the First Time

Web Editor
April 23, 2025

Introduction to Afores and Their Recent Growth In 2025, the retirement savings of Mexican workers managed by Afores have surpassed...

Ualá Mexico Aims to Sustain High Returns for Savers Despite Economic Uncertainty

Ualá Mexico Aims to Sustain High Returns for Savers Despite Economic Uncertainty

Web Editor
April 23, 2025

Background on Ualá Mexico and its Relevance Ualá Mexico, originally from Argentina and now operating as a bank in Mexico...

Credit Support Programs Crucial for Small and Medium Enterprises (SMEs) in Mexico, Says Carlos López-Moctezuma of BanCoppel

Credit Support Programs Crucial for Small and Medium Enterprises (SMEs) in Mexico, Says Carlos López-Moctezuma of BanCoppel

Web Editor
April 22, 2025

Introduction to the Importance of SME Financing in Mexico Carlos López-Moctezuma, the General Director of Coppel Servicios Financieros and BanCoppel,...

CNBV Receives 12 Applications for New Banks Since 2023: A Comprehensive Overview

CNBV Receives 12 Applications for New Banks Since 2023: A Comprehensive Overview

Web Editor
April 22, 2025

Introduction to the CNBV and Its Role The National Banking and Securities Commission (CNBV) is a Mexican regulatory body responsible...

Potential Impact of Designating Mexican Cartels as Terrorist Organizations on Remittances

Potential Impact of Designating Mexican Cartels as Terrorist Organizations on Remittances

Web Editor
April 22, 2025

Introduction to the Issue Daniel Rosas, a partner at Nathan Russek law firm, has expressed concerns that designating Mexican cartels...

Prosofipo Fund Grows 149% in a Year Amidst Sofipos’ Solvency Issues

Prosofipo Fund Grows 149% in a Year Amidst Sofipos’ Solvency Issues

Web Editor
April 22, 2025

Background on Sofipos and CAME Sofipos, or Popular Financial Societies, are financial entities in Argentina that offer savings and credit...

Keo World Targets SMEs for International Payments Growth: Mexico as Key Market

Keo World Targets SMEs for International Payments Growth: Mexico as Key Market

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April 21, 2025

Introduction to Keo World and its Focus on Small and Medium Enterprises (SMEs) Keo World, an international payments firm, has...

Openbank Mexico: Adapting a Global Model to the Local Market

Openbank Mexico: Adapting a Global Model to the Local Market

Web Editor
April 21, 2025

Introduction to Openbank Mexico and its Global Success Openbank Mexico, Santander’s digital bank, was officially launched in February as part...

Hey Banco to Operate Independently Soon: Over 500,000 Customers Already Served

Hey Banco to Operate Independently Soon: Over 500,000 Customers Already Served

Web Editor
April 21, 2025

Background and Current Status Hey Banco, currently operating under Banregio’s umbrella, is set to become an independent financial entity by...

CAME: The Most Indebted Sociedad Financiera Popular Amidst a Crisis

CAME: The Most Indebted Sociedad Financiera Popular Amidst a Crisis

Web Editor
April 19, 2025

Introduction to CAME and Its Current Situation Consejo de Asistencia al Microemprendedor (CAME) is a sociedad financiera popular (sofipo) currently...