finance
finance
Banorte Lowers Rates for Women-Led SMEs, Strengthening Financial Inclusion Commitment
Background on Grupo Financiero Banorte and its Relevance Grupo Financiero Banorte, a prominent Mexican financial group, has announced reduced interest...
finance
11 Sofipo Application Submissions Since 2022: A Growing Trend in Mexico’s Financial Sector
Introduction to Sociedades Financieras Populares (Sofipos) Since 2011, there have been significant transformations in Mexico’s financial sector, particularly within Sociedades...
finance
Mexican Savings Popular Companies (Sofipos) Sign Agreement with OFAC to Verify Users and Enhance Security
Who are the Mexican Savings Popular Companies (Sofipos)? The Mexican Savings Popular Companies, or Sofipos, are financial institutions that cater...
finance
Strengthening Anti-Fraud Measures in Mexican Banks: New Regulations by CNBV
Introduction to the New Regulatory Measures In an effort to bolster anti-fraud guidelines within Mexican banking institutions, the National Banking...
finance
HSBC Introduces Financing Tool to Help US Clients Pay Import Tariffs
Background on HSBC and its Relevance HSBC, one of the largest banking and financial organizations globally, has recently unveiled a...
finance
Banxico Has Room to Lower Interest Rates, But Policy Should Remain Restrictive: Heath
Background on Jonathan Heath and Banxico Jonathan Heath, the undersecretary of Banxico (Mexico’s central bank), recently discussed the bank’s monetary...
finance
Open Finance in Mexico: Potential Unmet by Lack of Regulatory Framework
Introduction and Relevance Mexico possesses the necessary conditions for the development of open finance (open banking) and open banking, yet...
finance
Traditional Surge in Remittances in May, Now Including Digital Platforms
Who are the Migrants Sending Remittances? Migrants traditionally send an additional $50 to $100 each month in May as a...
finance
Banorte Remains Committed to Growth Amid Economic Slowdown
Marcos Ramírez Miguel, CEO of Grupo Financiero Banorte, Expresses Optimism Marcos Ramírez Miguel, the General Director of Grupo Financiero Banorte...
finance
BBVA’s Perspective on Mexico’s Economic Outlook: “Plan México as a Countercyclical Policy”
Introduction to Eduardo Osuna and BBVA México Eduardo Osuna, the Vice President and General Director of BBVA México, recently shared...
