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SHCP Greenlights Santander’s Openbank as Financial Entity
By Mariana Allende - Wed, 03/13/2024 - 08:20
The Ministry of Finance and Public Credit (SHCP) has granted approval for Openbank to join the Santander financial group as a new financial entity.
https://mexicobusiness.news/tag/ministry-finance-and-public-credit
More Finance & Fintech
US Advances Collaboration With Mexico on Illicit Financing
By MBN Staff - Fri, 02/16/2024 - 13:24
Officials from the US Department of the Treasury visited Mexico to bolster collaboration in the fight against illicit financing.
San Luis Potosi Calls for Energy Subsidies for Huasteca Region
By MBN Staff - Tue, 02/13/2024 - 13:51
San Luis Potosi is seeking energy subsidies for the Huasteca region, where persistent high temperatures prompt increased electricity usage.
COPARMEX Discusses PEMEX's Supplier Debt, Reform Package
By Perla Velasco - Fri, 02/09/2024 - 09:29
COPARMEX discussed PEMEX’s debt to suppliers and released a statement regarding the reforms proposed by López Obrador.
PEMEX Receives Fiscal Relief of MX$200 Billion
By Karin Dilge - Wed, 01/31/2024 - 04:40
The Ministry of Finance has proposed two support mechanisms for PEMEX, totaling MX$200 billion, to support the NOC with its debt commitments.
CRE, CNH Go Over Budget Amid Austerity Policies
By Perla Velasco - Fri, 01/26/2024 - 11:27
CNH and CRE exceed their spending budget in 2022 as President López Obrador announces his plan to dissolve these regulators.
PEMEX’s Overdue Payments Are Affecting the Industry
By Perla Velasco - Wed, 01/24/2024 - 10:53
PEMEX overdue payments threaten the continuity of oil and gas activities.
PEMEX Pays DUC in October
By Perla Velasco - Thu, 11/16/2023 - 11:44
The FMP saw a sustained decrease in financial contributions from private operators. Meanwhile, PEMEX made significant payments in October.
 Open Finance Gains Traction in Mexico
By Federica Gregorini - Fri, 11/10/2023 - 09:00
Recent developments indicate that Mexico is poised to harness the full potential of open finance, writes Federica Gregorini.
MIP Prepares to Pay for Iberdrola Purchase
By Perla Velasco - Thu, 10/26/2023 - 10:24
Mexico Infrastructure Partners (MIP) launched a US$2.42 billion issuance through Development Capital Certificates (CKD) on the Mexican Stock Exchange.