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Mexico’s Afores Gain MX$21 Billion in January 2024
By MBN Staff - Mon, 02/19/2024 - 15:14
Retirement fund managers (Afores) gained MX$21.05 billion during the first month of 2024 following drops in 2023.
https://mexicobusiness.news/tag/consar
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Afore Withdrawals Soar; Authorities Warn About Consequences
By MBN Staff - Thu, 02/11/2021 - 10:34
Afore withdrawals due to unemployment rose 30 percent in January, reaching their highest level since 2005
Afore Withdrawals Soar 101 Percent Due to Unemployment
By MBN Staff - Thu, 07/16/2020 - 12:22
Afore withdrawals saw an all-time high in June. However, AMLO is confident that his government will create 2 million jobs by the end of 2020
Afores Register Maximum Capital Gains, Withdrawals In April 2020
By Gabriela Mastache - Mon, 05/18/2020 - 11:47
In April 2020, Afores registered historic maximums in capital gains and in unemployment withdrawals.
Mexico’s Death Toll Surpasses China’s
By Ricardo Guzman - Fri, 05/15/2020 - 21:28
Over 290 new deaths and 2,437 more positive cases were added in the last 24 hours. Jose Luis Alomía says 300,000 more tests will reach all states
Pension Funds to the Rescue
By - Wed, 11/01/2017 - 12:04
Structured vehicles such as CKDs and CerPIs are gaining popularity among developers and funds that can now access funds from Afores
Ensuring the Economy's Financial Stability
By - Tue, 11/01/2016 - 15:16
Banxico has various functions in addition to monetary policy, such as issuing currency and regulating the payment and financial systems.