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Mexican leasing association AMAF will ask congress in the next legislative session to change the legal status of its members to that of special purpose finance companies, AMAF chairman Jose Alfredo Chacon told local daily El Economista. "Financial leasing companies...
The commercial banking sector needs to recover ground lost to the suppliers that have become the primary credit sources for…
Mexican regulators have authorized local insurer Euler Seguros Mexico to sell credit risk insurance, local daily El Universal reported. Euler…
Mexico's warehousing association AMAGDE and credit union association ConUnion are lobbying regulators to allow them to provide a broader range…
Economy Secretary Fernando Canales Clariond acknowledged yesterday that, with the exception of the Yucatan peninsula, the country's south-southeast region registered…
In a measure to support the small- and medium-sized enterprises (SMEs) in the tequila and the agave-tequila productive chain, the…
#international#regulation#smes
The World Bank approved a US$58.4 million loan to help increase competitiveness and growth of micro and small businesses in…
International credit insurance company Euler Hermes plans to target large- and medium-sized corporations in Mexico according to country manager Roger…
#3M#bank#international
While the demand from small- and medium-sized enterprises (SMEs) for credit is increasing, companies are obtaining funds from the credit…
The Mexican Foreign Trade Bank (Bancomext) invested 19.92 billion pesos (US$1.91 billion) to support export-related activities between January and May,…
With the backing of the Economy Secretariat, Nacional Financiera (Nafin) and the commercial banking sector, the Secretariat of Tourism (Sectur)…
#bank#economy#investments
The 11 factoring companies belonging to Mexican factoring association AMEFAC expect that their monthly credit operations in 2003 will exceed…
#factoring industry#Two
The Mexican Foreign Trade Bank (Bancomext) reported that between January and April it has provided financing of 14.13 billion pesos…