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Mexico's March Inflation Hits 4.42%
By Mariana Allende - Wed, 04/10/2024 - 15:35
Inflation in Mexico reached 4.42% by the end of March, continuing its upward trend, according to INEGI data.
https://mexicobusiness.news/tag/citibanamex
More Finance & Fintech
Mexico Launches Eco Sustainable Credit Program
By MBN Staff - Fri, 03/01/2024 - 13:51
Mexico is introducing the Eco Sustainable Credit program, aiming to empower businesses to reduce their carbon footprint.
Mexico Business Forum to Gather Top Leaders: The Week in Finance
By Mariana Allende - Thu, 02/29/2024 - 10:15
MBF is set to host leaders of Mexico’s top industries. Bitcoin hit a two-year record. Mexican banks hoard 70% of the sector’s earnings.

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.
Mexican Economy Grew Below IMF Expectations in 2023
By Paloma Duran - Fri, 02/23/2024 - 16:08
The economy is expected to recover in 1H24. However, it will continue to weaken due to the US economy and tough financial conditions.

BBVA, Citibanamex Receive Recognition for Sustainable Practices
By Mariana Allende - Wed, 02/14/2024 - 13:29
Financial sustainability continues to gain importance, as BBVA and Citibanamex are recognized as sustainable institutions.
CitiBanamex Advances in Separation, Appoints New Directors
By MBN Staff - Wed, 02/07/2024 - 09:35
Citigroup is moving forward with the separation of its Mexican subsidiary, Banamex, appointing two directors to lead the transition process.
AMLO's Pension Reform Proposal Could Cost Up to 2% of GDP
By MBN Staff - Wed, 02/07/2024 - 08:41
Mexico’s president aims to undo pension reforms; Citibanamex warns of potential 2% GDP costs by 2035.
Citi Injects US$466 Into Mercado Pago in Mexico, Brazil
By Mariana Allende - Tue, 11/14/2023 - 13:40
Mercado Pago secured US$466 million from Citi to provide loans to SMEs in Mexico and Brazil.
Nearshoring to Boost Mexico's Economy, Not Transform It
By Mariana Allende - Wed, 11/08/2023 - 14:30
The Mexican economy will not be transformed by nearshoring, as public spending projections rise, according to Citibanamex.