“With Citibanamex cards, 40% of all credit card billing in the banking system is billed, that is, of every 100 pesos billed in the market with a bank credit card, 40 pesos are from the bank,” he said. in interview.
For this year, Romo commented that he expects a more complex environment derived from high inflation and high interest rates in the country. The bank estimates that the economy will register growth of 1.4% this 2023 and 2.4% the following year.
Moving forward, after the announcement of Tesla’s arrival in Mexico, Citibanamex said it was prepared to take advantage of what it considers a “unique opportunity” and support the government and companies with financing.
Regarding the nearshoring trend, Romo highlighted that it is a phenomenon that is not only concentrated in the north of Mexico but is beginning to move to the center of the country.
“We are seeing that this layer of opportunity is going down within the country and we believe that there is an opportunity not only in Monterrey because of a plant, but in general because of all the investments that are coming,” he said.
