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Mexico's government has kept the door open to a possible merger involving Ex-Im bank Bancomext and small business development bank Nacional Financiero (Nafin), according to a report by local daily El Informador. "To have a department of this kind [Ex-Im]...
#bank#banks#small business
Although the budget assigned to the Under-secretariat of Small- and Medium-Sized Enterprises (SMEs) of the Economy Secretariat will be similar…
Mexican transport conglomerate Grupo TMM has closed a further US$25 million of certificates under a receivables securitisation programme, worth a…
#bank#commercial finance#receivables
Mexico's financial leasing companies are in for a good year in 2004 irrespective of whether congress approves fiscal and energy…
Mexico's factoring companies, leasing companies, warehouses and credit unions hope the government will submit a bill to congress next year…
Mexican President Vicente Fox has named Hector Reyes Retana as the new CEO of Exim bank, Banco Nacional de Comercio…
#bank#banks#Exim Bank
The quality of the regulatory framework in Mexico registered an improvement of 8.3 percentage points from 50.2% in 2001 to…
#smes
So far this year, 1,150 small- and medium-sized enterprises (SMEs) have joined the export market, reported the undersecretary for the…
#economy#exporters#smes
Mexico's 16 factoring companies reported consolidated net income of 101 million pesos (US$9.03m) during the second quarter 2003, up 28.7%…
The state credit organization (Nafin) and National Foreign Trade Bank (Bancomext) will merge this month in a move aimed to…
#bank#Paid#smes
A total of 1,104 small- and medium-sized enterprises (SMEs) received US$3.981 billion in loans from Mexico's National Foreign Trade Bank…
#bank#banks#guarantees
State development bank Nacional Financiera (Nafin) will channel more than 3 billion pesos (US$ 273.7 million) in loans to small-…
The Secretariat of the Economy (SE) has signed a collaboration agreement with the National Financing Agency (Nafin) that will allow…
#economy#guarantees#SME loans