President Claudia Shinebam signed an agreement with the Mexican Bank Association to increase debt access to small businesses, calling it an important factor in provoking economic growth.
At the 88th National Bank Conference, which began on Thursday in Nairit, the President announced the deal during his keynote speech. The contract is aimed at facilitating the financial assistance for small and medium enterprises, which is known by the abbreviation of mipymes in Mexico.
In #88 conecionbancariaPresident @Claudiashein He urged the bank to grow in growth by funding micro, small and medium enterprises.
In countries like Japan, 193% of GDP refers to, it is rarely reached in Mexico … pic.twitter.com/v3ezfdzuvg– Nora Ruwalkaba Kames (@Nora_ruvalCaba) May 9, 2025
The central government and commercial banks will promise to increase the loan for small businesses in the next five years annually. Development Banks, with the cooperation of the Ministry of Finance, will be called to reduce interest rates.
The purpose of this is that at the time of his departure in 2030, at least 30% of all small businesses have some sort of funding.
During his journalist meeting on his Friday morningIn addition to low interest rates, Sheinbam said credit application procedures would be simplified. Although a chronology has not been established to implement the contract, both sides are working to create conditions to do so in a short time.
In his speech to the bankers, President Mexico painted a positive image of Economic Panorama.
Shinbam quoted the World Bank data to indicate that debt to non -financial institutions and homes in Mexico is very trivial. Compared to other surveyed countries, Mexico finished second on the basis of debt access to non -financial institutions, while the credit access to homes was third.
He said the debt only reaches a population of 33%, and funds for small and medium businesses are essential to develop economic growth.
The primary goal of Shinbam said, “We must be more accessible to the loan, not only growth but also the basic well -being of Mexicans.”
The president set the stage for the loan contract during his April 15 press conference When he asked banks to reduce interest rates for small businesses. Although the central bank has reduced the medieval rates, he said that the debt of small businesses is “very complex.”
Shinbam opened his speech, and all the Mexican people must be “thankful and“ satisfied ”at the country’s firm economic feet.
Mexico recorded the quarterly growth in the quarter of 2025 and the Q1 was recorded at 0.8% annually compared to the Q1 2024. At the same time, the Ministry of Economic Affairs has accumulated $ 298 billion in investment portfolio, showing the confidence that investors have in the country.
Shinbam preached the confidence and said the economy was “extraordinarily responding.” He said that despite the tensions caused by US President Donald Trump’s fees, a company did not withdraw from investment plans.
The president did not refer to the 1995 bank bailout, the so -called Fobabirova, and he recently called it “a fraud.”
Arose as part of the title A public place with former President Ernesto JediloSheinbam and his predecessor Andres Manuel Lopez Obrador were known for “for moving the country back to the dictatorship.”
Responding to this, Shenbam said that when millions of ordinary Mexican people bankrupt, bank bailout benefited Jedilo and the rich.
(Tagstotranslate) Business Incentives (T) Credit (T) Mexican Banking Association (T) Mexican Economy (T) Small Businesses
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