Banregio becomes first bank to join Nafin and Caintra alliance for SMEs

Banregio became the first financial intermediary to join the agreement between Nacional Financiera and Caintra to support Mexican micro, small and medium-sized enterprises.

During the event, Héctor Cantú Reyes, Banregio’s general director, stated that the development of SMEs has been and will continue to be one of the institution’s central pillars.

Currently, 85 percent of Banregio’s credit portfolio is directed at the business sector, with 12 percent growth in this segment. The bank maintains active financing for nearly seven thousand small businesses, with a total balance exceeding 15,800 million pesos.

The agreement includes mechanisms to facilitate credit access, strengthen productive chains and offer training. Banregio will participate by bringing these tools to more companies across different regions of the country.

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Illustration of Bank of Mexico building with digital banking apps and official documents for new transfer rules
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Banxico publishes new rules for digital transfers

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The Bank of Mexico published two regulatory modifications in the Official Gazette to standardize banking apps and create Nivel 2 Bis accounts for small businesses.

Banco de Bogotá announced the launch of the “Contigo en tu negocio” policy, in partnership with Seguros Alfa, to protect assets of small and medium-sized enterprises (SMEs). The initiative is part of the “Larga Vida a las Pymes” program and provides tailored coverage for their operational needs.

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José Manuel Mena, president of the Association of Banks, stated that no industry is immune to organized crime following the Operación Tokio case.

Egypt's Financial Regulatory Authority and 48 consumer finance companies have expanded a unified database aimed at detecting fraud and curbing cash monetisation. Officials say the move will help reduce losses and build trust in the sector. The effort includes collaboration with other financial federations.

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Colombian platform Addi has secured a license from Colombia's Superintendencia Financiera to operate as a financing company. The approval enables it to capture public deposits and provide banking solutions to its ecosystem of over 2.5 million consumers and 33,000 merchants. CEO Santiago Suárez described the milestone as defining for the company.

One week after initial PDG meetings on President José Antonio Kast's megarreforma, his government clarified that the new deal with the Partido de la Gente (PDG) to approve the Reconstrucción Nacional megaproyecto excludes the promised 12.5% SME tax rate—for a future bill—sparking brief backlash before resolution. Tensions persist with the Partido Nacional Libertario.

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Afore XXI Banorte urged its account holders to allocate part of their profit sharing to voluntary savings to strengthen retirement assets.

 

 

 

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