The overhaul of Mexico’s banking laws, enacted as part of President Enrique Peña Nieto’s wide-ranging economic and business structural changes, is designed to increase credit to small and medium-sized businesses while enhancing regulatory oversight and transparency.
Promises of wide-ranging structural reforms aimed at boosting long-run growth and economic development accompanied Mexican President Enrique Peña Nieto’s arrival in office in December 2012.
Changes have followed, including legislative approval of plans to modernize important sectors of the economy, most notably a constitutional amendment ending state monopolies over oil and gas as well as . . .
