Login to Digital Content
User:
Pass:
 
Last News
  • Visteon signs lease with Intermex in Chihuahua
  • ASA obtains concession for airport in Puebla
  • Guanajuato Inland Port planning in-bond facilities for air cargo
  • Automotive investment flowing in Queretaro
  • SCT announces investments in Sinaloa for US$375.7 million
  • Construction of maquiladora plants reactivated at Ciudad Juarez
  • Campus for training on aeronautics inaugurated
  • Suppliers park to be built in Tlaxcala
  • Mega-investment may be attracted to NL
  • Zacatecas receives investments for US$134 million
  • Mars reaffirms its investment in Guanajuato
  • Mexico, in Mercedes- Benz’s crosshairs
  • France fosters aerospace sector
  • Edomex ranks 3rd in automotive industry in Mexico
  • FedEx inaugurates new logistics center
  • Herdez invests US$42.4 million in sustainable plant
  • Production and exports by automotive industry grow over 5%
  • New maquiladora opened in Matamoros
  • Interest in Utah for investing in Mexico
  • Estapack S.A.P.I. de C.V.
  • Banking system in Mexico, a role model on strength

    Mexico.- The strength of the banking system in Mexico will allow to start applying as of this year new capital agreements, while for most international banks this will mean a huge effort, with possible consequences in the short term. Guillermo Babatz Torres, Chairman of the National Banking and Securities Commission, Comision Nacional Bancaria y de Valores (CNBV), said that current rulings in Mexico are very similar to Basel III rules, which means that the banking sector in Mexico is already operating “under very strict rules”. “The current discussion is taking place globally, not in Mexico, and the reason is that the enforcement of Basel III means a huge effort for most international banks in the world, while the enactment of Basel III in Mexico does not mean a greater effort for local banks”, he said.
    Source: Notimex | Date: 06/03/2012