finance
finance
Banamex Ratings Unchanged by Citi’s 25% Purchase: Fitch
Fitch Ratings Maintains Banamex’s Credit Score Fitch Ratings announced on Monday that Banamex’s credit ratings remain unchanged following the recent...
finance
Banco de Israel Keeps Interest Rates Unchanged, Warns of Global Isolation Amid Gaza Conflict
Background on Key Figures and Context The Banco de Israel, the central bank of Israel, decided to maintain its short-term...
finance
CoDi: Six Years After Launch, Electronic Payment System Fails to Take Off
Background and Relevance Six years have passed since the launch of CoDi, an electronic payment platform developed by Banco de...
finance
CoDi: Six Years After Launch, Electronic Payment System Continues to Lag
Background and Relevance Six years have passed since the launch of CoDi, an electronic payment platform developed by Banco de...
finance
Digital Payment Transformation Needs Incentives and Flexibility: Former Banxico Executive Ángel Melesio
Background on Key Figures and Relevance Ángel Melesio, a former director of Mexico’s central bank (Banxico) and the first engineer...
finance
Customs Agents Warn of Declining Chemical, Pharmaceutical, and Fertilizer Industries Due to Reform
Background on the Situation In a meeting with Mexican Diputados, customs agents have expressed concerns that proposed changes to the...
finance
BBVA’s Offer Price for Sabadell: A 10% Increase, But Is It Enough?
Background on the BBVA-Sabadell Takeover Attempt BBVA, a Spanish multinational financial services company, initiated an offer to take over Banco...
finance
Fernando Chico Pardo to Invest Up to 25% in Banamex, Aims for Mexican Bank Leadership
Background and Relevance of Fernando Chico Pardo Fernando Chico Pardo, a prominent Mexican businessman with over five decades of successful...
finance
Unifimex Intensifies Anti-Money Laundering Efforts in Mexico
Strengthening Collaboration with BID to Combat Money Laundering and Terrorism Financing The Union of Mexican Financial Institutions (Unifimex) has announced...
finance
Banxico Cuts Base Rate by 25 Basis Points to 7.5%
Background on Banxico and Its Role The Bank of Mexico, or Banxico as it is commonly known, is the central...
