The Bank of Mexico (Banxico) modified on February 19 the expectations of economic growth for Mexico this 2025. The estimates of the Central Bank point to the fact that the GDP will grow 0.6% in 2025 . Last November, the projection was that it would be 1.2%. By 2026 the 1.8%prognosis remained.
At the end of 2024, Banco del Bajío registered a credit portfolio of 266,057 million pesos, an 11% growth compared to 2023.
“The SME portfolio is to say that our business, plus the most important portfolio we have. In fact, by total portfolio we are the eighth bank; however, in SME portfolio we are the fourth bank in size, so it is a very relevant business for We, “said Edgardo del Rincón, general director of the Bank.
The banker stressed that in the growth projections of the bank, a slowdown of the economy and the uncertainty generated by the policies of the United States Government is already contemplated, which seeks to impose tariffs on Mexico.
“It may be that some projects can be delayed for that reason until there is a little more certainty,” he said.
The Bank of Bajío projects a general credit growth of between 8 and 11%, a figure above one of its competitors.
For credit to large companies, a growth rate is expected between 7 and 8%, but SMEs are more optimistic up to 13%. However, where they continue to see greater dynamism is in consumer credit, which they hope to increase up to 20%.
“We feel that we can comply with what we are committing and that it is a healthy growth,” he added.
Financial sector, under the magnifying glass
Donald Trump’s government has Six cartels designated From drugs in Mexico as terrorist associations and despite the fact that this implies that operations in the financial and real estate sector will be under the magnifying glass, Mexican authorities discard settings in regulation.
“The favorite form of laundering money from the cartels is through financial instruments and real estate,” said Carlos Valderrama, co -founder of Legal Paradox.
The specialist stressed that, although Mexico already has robust legislation on money laundering prevention (PLD) and terrorism financing, Traditional banks Fintech and other financial institutions must press their controls.
