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Mexico's 16 factoring companies reported consolidated net income of 153m pesos (US$14m) during the third quarter of 2003, up 30% compared to the same period the year before, according to statistics released by the banking regulator. Factoring association (Amefac) committee...
The Mexican subsidiary of international ratings agency Moody's has assigned the factoring and leasing subsidiaries of local financial group Banorte…
#bank#international#leasing
Mexico's government has kept the door open to a possible merger involving Ex-Im bank Bancomext and small business development bank…
#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