Banks News

AMLO touts massive loan program as ‘bottom-up’ crisis support
Friday, May 22, 2020

Mexico's president touted a plan Friday to extend around US$13.5bn in emergency loans to help families and MSMEs, reiterating his refusal to support big business through the COVID-19 emergency.  More

Millions of Mexicans apply for deferment of credit card, mortgage payments
Wednesday, May 20, 2020

Introduced in late March at the outset of the COVID-19 emergency, the Mexican program allowing customers to defer payments on loans and credit cards for 4-6 months has been hailed by participating banks as vital to the economic recovery. More

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