Nacional Financiera (Nafinsa) is a development bank owned by the Mexican government. It is engaged in providing a range of financial and technical services for development of SMEs in the country. The bank also promotes the development and modernization of the industrial sector, and stimulates the development of financial markets. Since the early 1990s it has focused on providing financing to the country's business sector through wholesale lending, with a particular focus on those parts of the economy neglected by commercial private sector banks. In 2011, the bank shifted its development strategy toward guaranteeing commercial bank lending, rather than providing funding for that lending. Nafinsa was founded in 1934 and is headquartered in Mexico City, Mexico.
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