Accounting practices help explain the undercapitalization of Mexican banks.
Category: Mexico
Retail group courts small borrowers
Targeting the micromarket is a strategy that businesses other than banks are pursuing. Mexico’s Grupo Elektra, a home furnishing and appliance conglomerate, is extending credit to the poorer end of […]
Capital Classification
One of the perennial complaints leveled by analysts against Mexico’s banks is that the institutions are unduly lax about what they classify as productive loans and what they consider to […]
Financial Footwork
Following some well-publicized failures, Mexican banks are seeking to boost their profile through capitalization and consolidation.
The Waiting Game
International energy companies are eager to open the investment floodgates if, and when, Mexico reforms its electricity sector.
The Incredible Shrinking Markets
When rumors hit the market last month that Telmex owner Carlos Slim was negotiating a deal with minority shareholder SBC Communications that would lead to Telmex’s delisting from the Mexican […]
Bancomer, Serfin Enter Guilty Pleas
At the end of March, Mexican banks Bancomer SA and Banca Serfin SA formally entered guilty pleas in Operation Casablanca, the largest money laundering case in US history. In separate […]
Pago, Si Tengo!
All indications are that Mexico will meet its foreign and domestic debt obligations in 1999.
The Limits of Austerity
Lawmakers approved Mexico’s 1999 budget by the skin of their teeth; but with renewed capital flows far from certain, how long can the economy bear up under increased austerity?
Informal Benefits
In keeping with its reputation as a land of innumerable paradoxes, Mexico usually produces a silver lining to every kind of cloud-even when those clouds are laden with cement. In […]
