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Journal Article
Spotlight: Financial services: Banking within reach of more Mexicans
In 2008-09, Mexico was wracked by the global financial crisis, suffering its largest one-year economic contraction since at least the 1930s. But the banking sector withstood the shock and made important strides in one area--bringing previously unbanked households into the financial system. Boosting Mexico's economic development by helping small businesses fulfill their potential depends on improving access to finance and fully linking these engines of economic growth and opportunity to the formal economy.
Journal Article
Laying the foundation for a mortgage industry in Mexico
Report
The Conquest of Mexican Inflation
From the 1970s through the mid-1990s, Mexico lurched from one crisis to another, its monetary and fiscal framework a source of instability that impeded long-term growth. By adopting best practices in central banking in the latter 1990s?granting the Banco de Mxico independence and mandating price stability as the central bank?s primary goal?Mexico began installing a framework that has proven remarkably successful.
Journal Article
Robust regional banking sector faces new economic hurdles
Profitability held steady at Eleventh District banks in 2014 as they continued outperforming their counterparts nationwide. However, rising interest rates and lower oil prices have emerged as potential tests for the region?s institutions.
Journal Article
Mexico emerges from 10-year credit slump
Journal Article
Eleventh District Banks Confront Challenging Energy, Rate Situation
Regional banks continue to navigate through the reality of depressed, though stable, energy prices. The institutions? performance slipped behind that of their counterparts nationally in 2016.
Journal Article
Spotlight: Mexican financial market : new instruments, rules boost capital investment
Mexico?s financial markets have surged since 2010, recovering from the global financial crisis and benefiting from new capital instruments and rules. Among the most prominent instruments are Certificados de Capital de Desarrollo (CKDs), or trust securities, and the country?s first real estate investment trust.> ; Additionally, modernization of Mexico?s market operations has helped drive initial public equity offerings (IPOs) and debt issuance.
Journal Article
Mexico's año horrible: global crisis stings economy
Initial optimism has been replaced by increasingly dire predictions for Mexico's near-term economic outlook in response to the global economic slump. World trade flows have dried up, which is particularly damaging for nations like Mexico whose economic activity depends critically on exports. At the same time, international financial uncertainty led investors to withdraw capital from emerging markets. Mexico was also confronted with a number of idiosyncratic shocks: a crackdown on drug cartels and local corruption, a flu epidemic and trade disputes with its most important partner. However, ...
Journal Article
Mexico develops niche approach to expansion of banking services
The new charter lowers barriers to market entry in Mexico at a time when many other countries are making the banking industry less inviting.
Journal Article
Reaching Mexico's unbanked
Banks and the government have mounted a major effort to extend financial services to those without them.