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COFECE Probes 21 Banks for Alleged Credit Fee Collusion
By MBN Staff - Tue, 07/29/2025 - 07:40
COFECE probes 21 banks for alleged collusion in fixing fees on deferred credit card payments, per a 649-page document reviewed by Reuters.
https://mexicobusiness.news/tag/banca-mifel
More Finance & Fintech
Mexico’s GDP Growth Slows, Citi Revises 2025 to 1%
By Mariana Allende - Thu, 01/09/2025 - 12:50
Citi forecasts Mexico’s GDP growth to slow, with 2025 revised to 1% from 1.2%, down from 1.6% in 2024 and 3.3% in 2023. 2026 is at 1.8%
Mexico's 2024 GDP Forecast Cut Amid Political, Economic Shifts
By MBN Staff - Tue, 06/25/2024 - 12:30
Financial institutions have revised their GDP projections for Mexico in 2024 due to political changes and lower-than-anticipated economic performance.
BMV's Historic 2023: Shaping Mexico's Green Financial Landscape
By Eliza Galeana - Wed, 01/31/2024 - 07:00
In 2023, BMV achieved a remarkable 48% year-on-year surge in thematic bond issuance, setting a milestone in Mexico's financial history.
Ualá ABC Reports 80% Credit Delinquency Rate
By Mariana Allende - Mon, 12/11/2023 - 07:56
Weeks after announcing a rise in account yield, fintech Ualá ABC reports an 80% credit delinquency rate in Mexico.