Mexico

US investment firm funds Mexico City factoring start-up

Boston-based Beamonte Investments will play large role in running of Kiwii Capital

Arresting developments in Banamex fraud case

Mexican authorities issue warrants and charge Oceanografнa CEO

Axe falls on 11 in Banamex aftermath

Senior executives amongst those fired for failing to prevent USD400million fraud

Stricter regulations to be enforced in wake of Banamex fraud

CNBV to introduce more stringent procedures for lax banks by Q4

Oceanografia CEO turns self in to be questioned by top prosecutor

Amado Yanez held for questioning

Leading jeans manufacturer switches from self funding to factoring

Capital Business Credit Provides USD15 million revolving factoring facility to Mexican jeans manufacturer.

2014 Economic Package promotes electronic validation of foreign trade invoices

The 2014 Economic Package, submitted to parliament by the Ministry of Finance and Public Credit of Mexico, includes new procedures for handling electronic data.

Corporate Factoring to purchase stake in leasing company

Corporate Factoring announces a purchase of 20 per cent stake in a Midwest leasing company.

IFC expands access to trade finance to SMEs in Mexico

The International Finance Corporation (IFC), a member of the World Bank Group, has announced that Mexican bank, BanBajío, has joined its Global Trade Finance Programme.

Mexico to give SMEs financial boost

Mexico s Secretary of Finance, Ernesto Cordero Arroyo, has announced a MXN300 million boost in funds for the credit guarantee funding programme, as part of the federal government s latest financial stategy for SMEs.