finance

Mexican Banks Remain Well Capitalized at End of First Quarter 2025

Mexican Banks Remain Well Capitalized at End of First Quarter 2025

Web Editor
May 21, 2025

Overview of Mexican Banking Sector’s Capital Strength The Mexican banking sector concluded the first quarter of 2025 in a robust...

Nu Mexico Customers Can Now Make Deposits at All Oxxo Stores

Nu Mexico Customers Can Now Make Deposits at All Oxxo Stores

Web Editor
May 21, 2025

Introduction to Nu Mexico and Oxxo Partnership Nu Mexico, a digital bank, and Oxxo, a widely-spread convenience store chain in...

CAME Shareholders to Decide the Future of the Financial Entity

CAME Shareholders to Decide the Future of the Financial Entity

Web Editor
May 21, 2025

Background on CAME and its Current Situation The Consejo de Asistencia al Microemprendedor (CAME), a sociedad financiera popular, has called...

Experts Predict 0.10% GDP Growth in Mexico for 2025; Forecast Contraction in 2024

Experts Predict 0.10% GDP Growth in Mexico for 2025; Forecast Contraction in 2024

Web Editor
May 21, 2025

Introduction to the Economic Forecast According to a survey conducted by Citigroup, experts anticipate that Mexico’s GDP will grow by...

Bitso Launches Hackathon to Boost MXNB Payments: Mexican Peso-Backed Cryptocurrency

Bitso Launches Hackathon to Boost MXNB Payments: Mexican Peso-Backed Cryptocurrency

Web Editor
May 21, 2025

Introduction to Bitso and MXNB Bitso, a leading cryptocurrency platform in Mexico, has announced the launch of “Hackathon MXNB,” a...

BBVA Predicts Decline in Remittances to Mexico: Impact of Proposed 5% Tax

BBVA Predicts Decline in Remittances to Mexico: Impact of Proposed 5% Tax

Web Editor
May 21, 2025

Introduction Juan José Li, Senior Economist at BBVA, has forecasted a decline in remittances to Mexico for the current and...

5% Tax on Remittances to Reconfigure the Market: IMEF

5% Tax on Remittances to Reconfigure the Market: IMEF

Web Editor
May 21, 2025

Introduction The Mexican Institute of Executives in Finance (IMEF) warns that a proposed 5% tax on remittances from the United...

Australian Central Bank Cuts Interest Rate to Lowest in Two Years

Australian Central Bank Cuts Interest Rate to Lowest in Two Years

Web Editor
May 20, 2025

Background on the Reserve Bank of Australia (RBA) The Reserve Bank of Australia (RBA) is the central bank responsible for...

Latin American Startup Investments Surge 26% in 2024, Predicted to Rise Again in 2025

Latin American Startup Investments Surge 26% in 2024, Predicted to Rise Again in 2025

Web Editor
May 20, 2025

Key Players: Mexico and Argentina According to a recent study, investments in Latin American startups have seen a significant 26%...

Serfimex Strengthens SME Financing Strategy Amid Global Uncertainty

Serfimex Strengthens SME Financing Strategy Amid Global Uncertainty

Web Editor
May 19, 2025

Who is Serfimex and Why are They Relevant? Serfimex, a subsidiary of Sociedad Financiera de Objeto Múltiple (Sofom), is a...

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