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Major Banks Capture 70.6% of Sector Earnings in 2023: CNBV
By Mariana Allende - Mon, 02/26/2024 - 15:36
BBVA, Santander, Banorte, Citibanamex, and Scotiabank earned more than 70% of the sectors earning in 2023.
https://mexicobusiness.news/tag/banks
More Finance & Fintech
Banks Journey Towards ESG Criteria
By Eliza Galeana - Mon, 07/17/2023 - 14:22
Increased ESG-related funding has allowed these topics to gain relevance. However, gender equality and sustainability issues still demand attention.
Who Will Win the AI Race?
By Mijael Feldman - Tue, 06/27/2023 - 13:00
Who Will Win the AI Race? That Could Be an Interesting Prompt for ChatGPT, writes Mijael Feldman.
Climate Change Both a Risk and A Trillion-Dollar Opportunity
By Héctor Cobo - Thu, 06/22/2023 - 16:00
The energy transition will require refitting of plants, new cleantech, and others, most of which will be financed through banks, writes Héctor Cobo.
Banxico Bans Banks from Using Customers’ Money to Finance Crypto
By Tomás Lujambio - Thu, 06/15/2023 - 16:55
Banxico announced a cautious approach toward cryptocurrencies, prohibiting banks from financing leveraged positions in virtual assets.
Bringing Blockchain to Mexican Finances
By Sofía Hanna - Tue, 06/13/2023 - 09:49
While other countries are exploring blockchain, the technology is just starting to gain traction in Mexico, says Martín Mercado, Head of Billú.
Banca Afirme Launches Billú, A New Platform for Digital Banking
By Sofía Hanna - Fri, 06/02/2023 - 08:32
Banca Afirme unveils Billú, a game-changing digital bank that leverages AI and advanced technology.
Inflation Shrinks in March; Banks to Finance Iberdrola's Purchase
By Emilio Aristegui - Thu, 04/20/2023 - 10:00
INEGI reported that inflation decreased in March 2023, yet remains above the forecasted index. This and more in the weekly roundup.
Is it Possible to Counteract the Use of Cash in Mexico?
By Jaime Márquez - Mon, 04/10/2023 - 09:00
Besides banks, the task of moving digitalization forward depends on other key players like central banks and regulators, writes Jaime Márquez Poo.
Innovation in Private Credit Products Can Boost Economic Growth
By Ana Sepulveda - Wed, 02/22/2023 - 10:00
Mexico has seen increased credit demand but high rates and lack of innovation prevent further growth, writes Ana Sepulveda.