Banking system in Mexico is prepared for a crisis, say real estate experts
According to the real estate company, the Banking System in Mexico is prepared for a crisis. "The financial structure of banking is supported by very solid indices. The capitalization ratio is 16% and the liquidity ratio almost twice to one. The past-due loan portfolio stands at 2.2%, while this same figure for companies is 1.7 percent ”.
Likewise, the National Banking and Securities Commission approved a partial or total deferral of capital and interest for up to 4 months with the possibility of extending it to an additional 2 months for its clients who have current loans.
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