finance

Banorte’s Profits Drop Due to Bineo Desconsolidation

Banorte’s Profits Drop Due to Bineo Desconsolidation

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November 4, 2025

Overview of Grupo Financiero Banorte’s Third Quarter Performance In the third quarter of 2025, Grupo Financiero Banorte reported profits of...

Santander Sees Great Potential for Investment Funds in Mexico

Santander Sees Great Potential for Investment Funds in Mexico

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November 4, 2025

Background on Alejandro Martínez and Santander Asset Management Alejandro Martínez, the General Director of Santander Asset Management (SAM), highlighted Mexico’s...

Invex Aims to Double Credit Card Numbers Through New Alliance with Walmart

Invex Aims to Double Credit Card Numbers Through New Alliance with Walmart

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November 4, 2025

Background on Invex and its Strategic Alliances Invex, one of the leading credit card issuers in the country, has built...

Ana Botín Warns Against Excessive Regulation in Europe Amid Economic Growth Concerns

Ana Botín Warns Against Excessive Regulation in Europe Amid Economic Growth Concerns

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November 4, 2025

Who is Ana Botín? Ana Botín is the President and Chief Executive Officer (CEO) of Banco Santander, S.A., a global...

Mexican Government and Banking Sector Collaborate to Finance More Small Businesses

Mexican Government and Banking Sector Collaborate to Finance More Small Businesses

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November 4, 2025

Background on the Agreement and Its Relevance In May, the Mexican Federal Government and the Association of Banks of Mexico...

Mexican Fintech Grupalia Accelerates Digital Transformation in Microfinance

Mexican Fintech Grupalia Accelerates Digital Transformation in Microfinance

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November 4, 2025

Introduction to Grupalia and its Mission Grupalia, a Mexican fintech founded just over a year and a half ago, has...

Brazil Tightens Minimum Capital Requirements: How Many Companies Will Be Affected?

Brazil Tightens Minimum Capital Requirements: How Many Companies Will Be Affected?

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November 3, 2025

Background on the Regulatory Changes On Monday, Brazil’s Central Bank announced new regulations that increase the mandatory minimum capital for...

Mexican Households Receive $5.214 Billion in Remittances in September

Mexican Households Receive $5.214 Billion in Remittances in September

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November 3, 2025

Overview of Mexican Remittance Trends According to the Bank of Mexico (Banxico), Mexican households received a total of $5,214 million...

Commercial Bank Credit Continues to Slow Down in September: Records Lowest Growth in 2025

Commercial Bank Credit Continues to Slow Down in September: Records Lowest Growth in 2025

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November 2, 2025

Overview of the Situation The commercial bank credit to the private sector continued its slowdown in September, with all three...

Mexico’s Pension Spending Hits Record 1.59 Trillion Pesos in 2025 (January-September)

Mexico’s Pension Spending Hits Record 1.59 Trillion Pesos in 2025 (January-September)

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November 2, 2025

Background on Pension Systems in Mexico In Mexico, pensions are categorized into two main types: contributory and non-contributory. Contributory pensions...

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