Key Figures Attend the 88th Banking Convention in Nuevo Nayarit
On May 8, 2025, in Nuevo Nayarit, Nayarit, the 88th Banking Convention titled “The Bank and its Contribution to Mexico’s Development” was inaugurated. The event, the most relevant economic-financial gathering in Mexico, took place for the first time in Nayarit and featured leaders, authorities, and experts discussing crucial topics such as sustainability, cybersecurity, financial inclusion, and digital transformation.
Prominent Attendees
- President of Mexico, Claudia Sheinbaum Pardo
- Governor of Nayarit, Miguel Ángel Navarro Quintero
President Sheinbaum Highlights Administration’s Achievements
In her speech, President Sheinbaum emphasized the progress made by her administration in job creation, security, promoting food sovereignty, increasing the minimum wage, and fostering the domestic market. These efforts have contributed to a reduction in poverty and inequality, leading to an increase in the population’s living standards.
“The well-being of the Mexican people is continually improving, with a decrease in poverty, inequality, and an increase in the population’s living standards. It may be the first time that while the US economy experiences a reduction in GDP, Mexico’s economy is growing in 2025.”
Governor Navarro Quintero Supports Social and Humane Financial Perspective
Governor Navarro Quintero reaffirmed his support for President Sheinbaum’s financial and social vision, stressing the importance of addressing finance from a social and humane perspective.
“Today, we are gathered for an even more important meeting where we must think about finance with a new social character, a human character, a character of justice to achieve social cohesion.”
He also invited attendees to invest in Nayarit, highlighting the state’s security, transparency, and sustainable development guarantees.
“I would like to thank you for choosing Nayarit as the venue today and invite you to consider Nayarit as the location for your investments, meetings, and visits. You will not regret it, thanks to all of you.”
Banking Association President Praises Government’s Support for Finance
Julio Carranza Bolívar, President of the Mexican Banks Association (ABM), expressed gratitude to the Mexican government for providing certainty and confidence to financial activities in the country.
“Madam President, the certainty and confidence your government has provided to banking have been key factors in building a business-friendly environment and investment climate. We support your responsible macroeconomic decisions and respectfully request that you continue to strengthen economic stability and the rule of law.”
Collaboration Agreement Signed Between ABM and Nayarit Government
During the event, a collaboration agreement was signed between ABM and the Nayarit government to implement actions promoting financial inclusion, enhancing access to financing for micro, small, and medium-sized enterprises (MSMEs) in Nayarit, and fostering their productive and economic activities.
Key Discussion Topics at the Convention
- Global challenges: inflation, financial digitalization, and banking inclusion in a sustainable growth context
- International interest rates’ influence
- Evolution of fintech in Latin America
- New regulatory frameworks driven by the National Banking and Securities Commission (CNBV)
- Integration of Environmental, Social, and Governance (ESG) criteria in financial management to build resilient banking facing climate and technological challenges
Key Questions and Answers
- What is the 88th Banking Convention? It is an annual event where Mexican banking leaders, authorities, and experts gather to discuss key topics related to the present and future of banking in Mexico and globally.
- Who attended the event? Prominent attendees included President Claudia Sheinbaum Pardo, Governor Miguel Ángel Navarro Quintero, and Julio Carranza Bolívar, President of the Mexican Banks Association (ABM).
- What topics were discussed at the convention? Topics included sustainability, cybersecurity, financial inclusion, digital transformation, global challenges like inflation and interest rates, the evolution of fintech in Latin America, new regulatory frameworks, and integrating ESG criteria into financial management.
