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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
More Finance & Fintech
AFORES Bounce Back from 2022 Losses in Mexico
By Mariana Allende - Tue, 01/16/2024 - 15:23
CONSAR has reported a recovery in AFORE funds, accumulating MX$464 billion after historic losses in 2022.
Afore Unemployment Withdrawals on the Rise: The Week in Finance
By Tomás Lujambio - Thu, 07/20/2023 - 10:00
Afore withdrawals to cope with unemployment reached MX$2.15 billion (US$128.7 million) in June 2023. This and more in the weekly roundup.
Unemployment Withdrawals From Afores on the Rise: CONSAR
By Tomás Lujambio - Mon, 07/17/2023 - 15:42
Unemployment withdrawals from Mexican Afores reached MX$2.15 billion (US$128.7 million) during June 2023.
Mexico Sees Trade Boost; Public Debt Remains Stable in 2022
By Rodrigo Andrade - Thu, 02/02/2023 - 10:00
Mexico saw a trade surplus of US$984 million in December 2022, and a drop in public debt in 4Q22. This and more in the weekly roundup.
Afore Transfers Suspended Until March 2023
By Antonio Gozain - Thu, 01/26/2023 - 17:10
Mexican pension funds, known as afores, will pause transfers until mid-March 2023.
Economy Slow Down in 3Q21; Evergrande Causes Contractions
By Emilio Aristegui - Thu, 09/23/2021 - 12:18
Mexico’s economic recovery to slow down in 3Q21. Unemployment withdrawals increased and Evergrande’s downfall impacted the Stock Exchange.
Unemployment Withdrawals Increase for Third Consecutive Month
By Emilio Aristegui - Tue, 09/21/2021 - 15:11
Unemployment withdrawals increased for a third consecutive month to reach their highest point in 2021, according to CONSAR.
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.