finance
finance
Santander Introduces Maximum Transaction Limit for Digital Transactions
Compliance with CNBV Regulations In compliance with regulations set by the Mexican National Banking and Securities Commission (CNBV), Banco Santander...
finance
Mifel Exits Vector Asset Acquisition Process, Explores CIBanco and Intercam Opportunities
Background on Key Players and Relevance Mifel, a financial group led by President and CEO Daniel Becker, has officially withdrawn...
finance
Banamex Expands Market Reach in Entertainment Sector with New LineUp Credit Card
Banamex’s Strategic Move in the Entertainment Industry Banamex, a leading Mexican bank, is aggressively targeting the entertainment market by launching...
finance
Mexican Banks Warn of Impact from Eliminating Tax Deductions on IPAB Contributions
Background and Relevance of the Mexican Banks Association (ABM) The Asociación de Bancos de México (ABM), led by its president...
finance
Japanese Bank Maintains Interest Rate, Announces Sale of ETFs and REITs
Background on the Bank of Japan (BOJ) The Bank of Japan (BOJ) is the central banking institution of Japan, responsible...
finance
US Urges Mexican Banks to Strengthen Anti-Money Laundering Efforts Against Drug Cartels
Background on Key Figures and Context The United States has called upon Mexican banks to bolster their efforts in combating...
finance
Mexican Banks’ Contributions to IPAB Exceed 9,500 Million Pesos in Q2; Tax Deductions to End in 2026
Introduction In the second quarter of 2025, Mexican commercial banks paid a total of over 9,503 million pesos in contributions...
finance
Insurance Companies Paid $276 Million in the First Half of 2025 for Damages Caused by Micro-Earthquakes in Mexico
Background on the Situation Norma Alicia Rosas, the General Director of the Mexican Insurance Institutions Association (AMIS), recently disclosed that...
finance
Serfimex Capital Secures $100 Million Financing from Bancomext to Boost Tourism Projects
Background on Serfimex Capital and its Relevance Serfimex Capital, a Multiple-Purpose Financial Society (Sofom), has recently expanded its funding line...
finance
US Treasury Praises Mexico’s Banking Sector for Combating Illicit Financing
Background on John Hurley and His Role John Hurley, the Under Secretary for Terrorism and Financial Intelligence at the U.S....
