Banxico highlights economic boost from greater female workforce

Victoria Rodríguez Ceja, governor of Banco de México, stated that adding more women to the labor market would boost the country's economic activity. At the 89th Banking Convention, she highlighted persistent gender gaps worsened by family care burdens and cultural prejudices.

At the 89th Banking Convention, Victoria Rodríguez Ceja, Banxico governor, stressed that the gender gap in the labor market means a silent loss of female talent overlooked in economic balances. 'As a society, we cannot afford to normalize the persistence of gender labor gaps', she said, noting Mexico's progress in a supportive regulatory framework but full female incorporation remains pending. In the financial sector, women's presence in executive roles has grown gradually, linked to greater system stability per cited studies. 'Their presence fosters greater diversity and plurality in decision-making, as well as better risk management', Rodríguez Ceja stated. María del Carmen Bonilla, SHCP undersecretary, pointed to financing disparities: in 2024, the average credit rate for women in multiple banking was nearly 20%, versus 16% for men. She highlighted over 370 initiatives from the Interinstitutional Committee for Gender Equality in Financial Entities, including a pilot of the Guide to Expanding Women's Financial Inclusion in Mexico. Emilio Romano, ABM president, reported 52% of bank staff are women, but only 30% in leadership roles at the end of 2025. 'Talent has no gender, but leadership does have responsibility', he affirmed.

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