Texas Judge Rules in Favor of Consumer Financial Protection Bureau’s Lawsuit Against Banking Industry Groups

Texas Judge Rules in Favor of Consumer Financial Protection Bureau’s Lawsuit Against Banking Industry Groups

Texas Federal Judge Accuses Banking Industry Groups of Venue Shopping Texas Federal Judge Suspects Venue Shopping in Lawsuit Against CFPB In a significant development, a Texas federal judge has accused major banking industry groups and the U.S. Chamber of Commerce of engaging in venue shopping in their lawsuit against the Consumer Financial Protection Bureau (CFPB). … Read more

Consumer Loans Slow Down in Mexico City; BBVA Mexico Not Alarmed by Increase in Overdue Balances

Consumer Loans Slow Down in Mexico City; BBVA Mexico Not Alarmed by Increase in Overdue Balances

Mexico City. In recent months, the placement of loans that banks grant for family consumption has slowed down; However, this has not meant that default rates are on the rise and increases in overdue portfolio balances are not, for the moment, an alarm signal, said BBVA México, the bank with the greatest presence among those … Read more

Record Earnings for Banks in Mexico: 25.2% Growth in First Half of 2023

Record Earnings for Banks in Mexico: 25.2% Growth in First Half of 2023

At the close of the first half of 2023, the earnings of the 50 banks operating in Mexico accumulated 138 thousand 615 million pesosa growth of 25.2% compared to the same period of the previous year, according to figures from the National Banking and Securities Commission (CNBV). Regulatory data shows that BBVA Mexico led the … Read more

Banks in Indonesia Strengthen Consumer Credit with Promotional Programs: CIMB Niaga Offers Travel Promos for Credit Card Owners

Banks in Indonesia Strengthen Consumer Credit with Promotional Programs: CIMB Niaga Offers Travel Promos for Credit Card Owners

Bisnis.comJAKARTA – A number of banks such as PT CIMB Niaga Bank Tbk. (BNGA) to PT Bank Central Asia Tbk. (BBCA) is stretching to boost credit the consumer this year through various strategies. This type of credit is also expected to be successful until the end of the year. CIMB Niaga, for example, is boosting … Read more