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Mexico's FEIP Drops 88% Since 2018
By MBN Staff - Tue, 03/19/2024 - 13:02
Mexico's Stabilization Fund (FEIP) recorded a balance of MX$40.52 billion in 2023, an annual real contraction of 88.8% compared to 2018.
https://mexicobusiness.news/tag/shcp
More Finance & Fintech
Openbank Cleared for Operations: The Week in Finance
By Mariana Allende - Thu, 03/14/2024 - 10:00
Santander’s digital branch Openbank has been approved as a financial entity in Mexico. This is the #WeekinFinance
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.
Only 61% of Women in Mexico Use Financial Products
By Mariana Allende - Fri, 03/08/2024 - 10:00
In Mexico, 61% of women have at least one formal financial product, while 74% of men do. This disparity extends to several financial aspects.
Mexico Ranks 16th in Economic Exposure to Climate Change Hazards
By Eliza Galeana - Wed, 03/06/2024 - 14:49
A Swiss Re study revealed economic vulnerabilities to climate change. Meanwhile, Bimbo secures its position as Mexico's most responsible company.
Swiss Re Institute Evaluates the Costs of Climate Change
By Eliza Galeana - Wed, 03/06/2024 - 08:15
A study revealed economic vulnerabilities to climate change, emphasizing the need for immediate investment in adaptation measures.

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.
Elisa de Anda Madrazo Named FATF President
By MBN Staff - Mon, 02/26/2024 - 14:05
Elisa de Anda Madrazo has been appointed as the president of FATF, marking the first time in over two decades that a woman has assumed this position.
Fintech Mexico Forum 2024 to Unite Financial Leaders
By Mariana Allende - Thu, 02/22/2024 - 08:49
The Fintech Mexico Forum, the first of its kind in Mexico, aims to unite leaders of the Fintech sector to advance the goals of financial innovation
Banorte's Bineo Aims for Hiperpersonalization to Rival Fintechs
By Mariana Allende - Tue, 02/06/2024 - 15:31
Grupo Financiero Banorte has launched a digital bank, Bineo, betting hiperpersonalization of client experience within the app.