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Banks Challenge Mexico 2027 Deficit Target as Deadline Looms
By Duncan Randall - Thu, 09/03/2026 - 09:18
Banamex and BNP Paribas challenge Mexico's 3.5% deficit goal ahead of the Sept. 8 budget deadline, warning against infrastructure cuts.
https://mexicobusiness.news/tag/banamex
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Afore Coppel Acquires Invercap for MX$4.62 Billion
By Duncan Randall - Mon, 08/31/2026 - 11:26
Afore Coppel buys rival Invercap for MX$4.62 billion, expanding assets managed past MX$1 trillion.
Credit for Mexican Commercial Banks to Grow 6-8% in 2026: S&P
By Duncan Randall - Wed, 08/19/2026 - 11:49
S&P National Ratings projects Mexican commercial bank credit growth between 6% and 8% in 2026, backed by strong capitalization and consumer demand.
Mexico Credit Card Balances Surge 8.2% in June to MX$709 Billion
By Duncan Randall - Tue, 08/11/2026 - 12:52
Mexico credit card balances grew 8.2% to MX$709 billion in June 2026, driven by World Cup spending despite rising consumer delinquency rates.
Cosmo Oil Tanker Delivers First Mexican Crude to Japan
By Fernando Mares - Fri, 07/24/2026 - 16:02
A Cosmo Oil tanker delivered 1MMb of Mexican crude to Japan via the Cape route. This is the week in oil and gas!
Mexican Stock Exchange Prepares Four Confidential IPOs
By Duncan Randall - Wed, 07/22/2026 - 14:09
The Mexican Stock Exchange is preparing four confidential IPOs and a MX$50 billion debt pipeline
World Cup Shifts Consumer Spending at Mexican Retailers
By MBN Staff - Mon, 07/20/2026 - 13:12
Mexico's World Cup boosted retail sales and changed shopping habits, but tourism, visitor numbers and overall economic gains fell below forecasts.

Mexico Freezes Public Spending Amid Ratings Crunch
By Duncan Randall - Wed, 07/15/2026 - 10:18
Mexico implements a historic MX$418 billion spending freeze to defend its sovereign credit rating amid fiscal deficits and low economic growth.
Currency Strength Undercuts Mexico's Import Duties on China
By Paloma Duran - Tue, 07/07/2026 - 10:22
The peso's 15% appreciation erased the impact of Mexico's steepest tariff hike in a decade, Banamex reports.

Mexico Deficit Reaches MX$418.7 Billion, Below Forecast: SHCP
By Duncan Randall - Fri, 07/03/2026 - 09:11
Mexico’s fiscal deficit reached MX$418.7 billion through May 2026, under the expected level, SHCP reported.
Sheinbaum Meets JPMorgan’s Dimon on Investment Outlook
By Duncan Randall - Wed, 06/10/2026 - 12:56
Mexico’s President Claudia Sheinbaum met JPMorgan CEO Jamie Dimon to discuss the country’s economy and bilateral investment opportunities.