He mortgage credit It will have growth between similar to 2023 and an increase of 5%, according to estimates by different leaders of the banking sector in Mexico. They expressed their opinion in the Mortgage Outlook Panel 2024 organized by Soc Advisors, one of the largest companies in brokers in Mexicothis is from advisors who … Read more
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Consumer credit maintained its dynamism in October with a growth of 13.4 percent annually in real terms, to a total of 1.38 trillion pesos, according to the current credit granted by commercial banks to the private sector published by the Bank of Mexico (Banxico). Although the data is solid, it marked a marginal moderation, since … Read more
It is very understandable to have doubts at certain times about premises that surround our lives, from the monetary aspect. It is more than possible that people who do not know about this and for them the explanation as to whether the banks can ccancel a credit cardaccording to the law. It is completely fair, … Read more
“This will allow institutions to offer support schemes so that their affected clients have the opportunity to temporarily defer payment of their credit cards,” Banxico said. Banxico said these types of measures should be in effect until April and asked lenders to provide clear information to their clients about the terms of the benefits. In … Read more
fernanda murillo Mexico City / 07.03.2023 01:46:00 The main challenge that the country has for this 2023 is to control inflation, since at the moment its growth generated that the Bank of Mexico (Banxico) will raise the reference interest rates and with this will eventually impact the demand for mortgage credit, he considers Philip GarciaCEO … Read more
Silvia Rodriguez Mexico City / 29.07.2022 20:05:57 In June 2022, the current loan portfolio granted by commercial banks to the private sector it accelerated, registering a growth at a real annual rate of 2.9 percent and this being higher than the 2.2 percent annual rate observed a month before, informed the Bank of Mexico (Banxico). … Read more
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For Mario Mendoza Rojas / @SoyMrMoney May 02, 2022 at 9:52 p.m. The cost of Credit cards -in Mexico- shot more than 100% during the last year and there are users who pay almost six thousand pesos only for the annuity commissionrevealed the Bank of Mexico (Banxico). He reported that the tclassic cards are the … Read more
For this Holy Week many people are thinking of going out to take advantage of these days off, but for the moment they don’t want to spend so much. Hence, they are thinking about a loan, but they do not know which one to choose or if it suits them get into debt right now. … Read more
President Lopez Obrador He did it once more: he mistreated one of his closest collaborators, who endured not only the interference of the Executive in technical economic and financial decisions, but also adjusted the federal budgets as appropriate to strengthen the Brunette politically. Arturo Herrera was discredited by the President before assuming the title of … Read more
The International Monetary Fund (IMF) renewed a line of credit two years for 50 billion dollars for the Government of Mexico, the Bank of Mexico (Banxico) and the Ministry of Finance reported today. The renewal of the Flexible Credit Line (LCF) “constitutes an acknowledgment to the solidity of the institutional framework of macroeconomic policies, “said … Read more