HSBC Mexico trusts the strength of credit demand

HSBC Mexico trusts the strength of credit demand

The banker stressed that despite a complex global panorama due to the slowdown in the economies, mainly the United States, Mexico remains “a rock” compared to other countries.

Mexicans have behaved prudently when applying for loans and have learned in the worst crisis, during the pandemic, that a default can cause negative marks in the credit bureau.

Regarding the reform being discussed in the Senate on the fate of abandoned accounts, he said that through the Association of Banks of Mexico (ABM) they will work so that the law is respected.

Arce stressed that the authorities have always listened to the banking union.


On December 29, 2021, the Ministry of Mobility announced that the winner of the tender for the renovation and expansion of ecobike was the consortium made up of BKT and 5M2 (a subsidiary of Grupo Expansión) to operate this public bicycle system until 2027.

In this new stage, by the end of 2022, Ecobici will go from 55 to 118 operating colonies in the Cuauhtémoc, Benito Juárez and Miguel Hidalgo city halls, where it normally offered service, and stations will be added in Álvaro Obregón, Azcapotzalco and Coyoacán, which will increase from 6,500 to 9,300 bicycles

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