finance
finance
Mexican Banks Remain Well Capitalized at End of First Quarter 2025
Overview of Mexican Banking Sector’s Capital Strength The Mexican banking sector concluded the first quarter of 2025 in a robust...
finance
Nu Mexico Customers Can Now Make Deposits at All Oxxo Stores
Introduction to Nu Mexico and Oxxo Partnership Nu Mexico, a digital bank, and Oxxo, a widely-spread convenience store chain in...
finance
CAME Shareholders to Decide the Future of the Financial Entity
Background on CAME and its Current Situation The Consejo de Asistencia al Microemprendedor (CAME), a sociedad financiera popular, has called...
finance
Experts Predict 0.10% GDP Growth in Mexico for 2025; Forecast Contraction in 2024
Introduction to the Economic Forecast According to a survey conducted by Citigroup, experts anticipate that Mexico’s GDP will grow by...
finance
Bitso Launches Hackathon to Boost MXNB Payments: Mexican Peso-Backed Cryptocurrency
Introduction to Bitso and MXNB Bitso, a leading cryptocurrency platform in Mexico, has announced the launch of “Hackathon MXNB,” a...
finance
BBVA Predicts Decline in Remittances to Mexico: Impact of Proposed 5% Tax
Introduction Juan José Li, Senior Economist at BBVA, has forecasted a decline in remittances to Mexico for the current and...
finance
5% Tax on Remittances to Reconfigure the Market: IMEF
Introduction The Mexican Institute of Executives in Finance (IMEF) warns that a proposed 5% tax on remittances from the United...
finance
Australian Central Bank Cuts Interest Rate to Lowest in Two Years
Background on the Reserve Bank of Australia (RBA) The Reserve Bank of Australia (RBA) is the central bank responsible for...
finance
Latin American Startup Investments Surge 26% in 2024, Predicted to Rise Again in 2025
Key Players: Mexico and Argentina According to a recent study, investments in Latin American startups have seen a significant 26%...
finance
Serfimex Strengthens SME Financing Strategy Amid Global Uncertainty
Who is Serfimex and Why are They Relevant? Serfimex, a subsidiary of Sociedad Financiera de Objeto Múltiple (Sofom), is a...