HSBC joins Infonavit credit scoring alliance

The Mexican unit of British bank HSBC announced it had joined a small business credit scoring alliance with government home finance agency Infonavit. HSBC, the fifth-biggest bank in Mexico

Bancomext to provide US$5.8bn in financing for SMEs this year

The National Foreign Trade Bank (Bancomext) has reported that this year it will channel US$5.8 billion to finances businesses, especially small- and medium-sized enterprises (SMEs), said Hйctor Reyes Retana, director general of the institution.