finance
finance
Regulation is Strength, Not Punishment: CNBV to Sofipos
Context and Relevance of Sofipos Sociedades Financieras Populares (Sofipos) are financial entities in Mexico that play a crucial role in...
finance
FIRA Secures Its Loans Granted to Sofipo Came: CAME Faced a Debt of Approximately 800 Million Pesos with FIRA
Background on CAME and FIRA Jiutepec, Morelos. The case of the Sofipo Consejo de Asistencia al Microemprendedor (CAME) had a...
finance
Mexico’s Remittances Drop 4.7% in July, Affecting Family Incomes
Background on Remittances in Mexico Remittances, or the funds sent by migrant workers abroad to their families in Mexico, play...
finance
Kapital Bank Achieves Unicorn Status with $130 Million Funding Round, Valued at Over $1.3 Billion
Background on Kapital Bank Kapital Bank, a Mexican financial institution based in Delaware with operations in Colombia, has recently achieved...
finance
Kapital: From Fintech to Banking Giant – Acquiring Intercam Amidst US Money Laundering Allegations
Introduction to Kapital’s Rapid Growth In a short span of two years, Kapital has transformed from a fintech company to...
finance
Credit Access and Digitalization: Claudia Sheinbaum’s Challenge to Mexico’s Financial Sector
Introduction Claudia Sheinbaum, the President of Mexico, has once again emphasized the need for increased and responsible credit access in...
finance
Ahorradores de Came Request Dialogue with Sheinbaum Amidst Financial Institution Crisis
Background on the Affected Savers and Their Concerns A group of savers affected by the Sofipo Came, known as the...
finance
UniCredit Increases Stake in Commerzbank Amid Acquisition Talks
Background on UniCredit and Commerzbank UniCredit, an Italian banking group, has formally increased its stake in German counterpart Commerzbank, bringing...
finance
Mexican Banking System Continues to Operate Normally Despite CIBanco and Intercam Situation
Background on Key Players Emilio Romano, the president of the Asociación de Bancos de México (ABM), recently addressed concerns regarding...
finance
Mexico’s President Sheinbaum Calls for More Accessible Credit to Boost Development
Claudia Sheinbaum Emphasizes the Need for Responsible Credit Access Claudia Sheinbaum, the President of Mexico, reiterated the importance of increased...
