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Tech’s Role in Financial Inclusion: The Week in Finance
By Mariana Allende - Thu, 03/21/2024 - 11:10
Technology is key for financial inclusion in Mexico, says expert, while others discuss macroeconomic tendencies in the country. #TheWeekinFinance
https://mexicobusiness.news/tag/fitch-ratings
More Finance & Fintech
Fitch Ratings Adjusts Mexico’s 2024 Growth Forecast to 2.2%
By Mariana Allende - Thu, 03/14/2024 - 13:46
Credit rating firm Fitch Ratings has revised its growth forecast for Mexico in 2024 from 2.4% to 2.2% due to reduced investment
Fitch Ratings Downgrades Grupo Elektra over Governance Concerns
By Mariana Allende - Tue, 03/12/2024 - 15:52
Fitch Ratings downgraded Grupo Elektra's credit rating, citing concerns about corporate governance within Grupo Salinas conglomerate.
Mexican Banks Have 50% of the Market Despite Fintech Growth
By MBN Staff - Thu, 03/07/2024 - 11:17
Mexican banks hold over 50% of the market, despite facing competition from fintechs, as reported by Fitch Ratings.
CFE Achieves Highest Income in Six Years: IMCO
By MBN Staff - Tue, 03/05/2024 - 14:40
IMCO published its analysis of CFE's financial results in 2023, shedding light on its performance.
Bladex Issues MX$3 Billion in CEBURES
By MBN Staff - Wed, 02/28/2024 - 11:08
Bladex, the Latin American Bank for Foreign Trade, has announced a new issuance of CEBURES (Public Stock Certificates) in the Mexican capital market.
Braskem Idesa Investment Boosts Latin American Bonds
By MBN Staff - Fri, 02/16/2024 - 12:27
Carlos Slim Braskem Idesa investment has triggered Latin America's biggest bond rally this year.
AFORE Investments in PEMEX and CFE Surge
By MBN Staff - Tue, 01/30/2024 - 08:15
In 2023, Retirement Fund Administrators (AFORE) witnessed a significant increase in investments in PEMEX and CFE.
Proposal to Make PEMEX’s Debt Public Ignites Debate
By Perla Velasco - Mon, 01/29/2024 - 10:14
A proposal to make PEMEX's debt public is igniting debate. Defenders argue it could safeguard finances but detractors are wary of the NOC’s debt.
Mexican Gas-Based Industry Faces Challenges Amid Rising Prices
By Karin Dilge - Thu, 01/18/2024 - 10:39
Fitch Ratings alerts of potential difficulties in Mexico's gas-based power sector, constituting 62% of the energy mix.