Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

CI Banco and Intercam banks in Puerto Vallarta operate normally after government seizure following US accusing banks of laundering for cartels

CI Banco and Intercam Banco branches in Puerto Vallarta remain fully operational following a temporary management intervention by Mexico’s financial authorities.

CI Banco and Intercam Banco branches across Puerto Vallarta are operating without disruption, despite an official intervention by Mexico’s financial authorities aimed at temporarily replacing their administrative leadership. The move, announced through Press Release No. 25 by the National Banking and Securities Commission (CNBV), was described as a preventative action to safeguard public interests.

According to the CNBV, the intervention was ordered by its Governing Board under Article . . .

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