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Credit card frenzy in Mexico: Government assistance boosts credit and consumption

Anticipating an increase in the amount of federal government social benefits, Mexicans are taking on debt to purchase more. Spending during the country’s Independence Day celebrations reached its highest level in five years

Lopez Obrador emphasizes importance of the Welfare Bank in Mexico

Mexico City, Jul 7 (Prensa Latina) In his usual morning press conference today, Mexican President Andres Manuel Lopez Obrador strongly defended the Welfare Bank.

Exclusive-Mexico mulls benefits of Banamex purchase, eyes synergies with state bank

Mexico is evaluating whether buying Citigroup Inc s Mexican consumer unit would help boost financial inclusion, potentially in combination with a state-run bank such as the Banco del Bienestar, a top. | May 31, 2023

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