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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President Sheinbaum unveils credit boost agreement with bankers at 89th Banking Convention, graph shows rise to 45% of GDP.
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Sheinbaum and banks agree to raise credit to 45% of GDP

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At the 89th Banking Convention inauguration, President Claudia Sheinbaum urged bankers to boost credit from 38% to 45% of GDP to drive development. Mexico's Banking Association committed to this goal by 2030. Sheinbaum also unveiled a new infrastructure investment law.

According to Superintendencia Financiera data as of February 27, 43.6% of credits disbursed in Colombia went to women, amounting to $2.81 billion. Consumption and housing are the main sectors where women seek bank loans. Banks like Bancolombia note that women demonstrate greater responsibility in debt repayment.

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On the eve of International Women's Day, Colombia highlights advances in female leadership and the care economy, which accounts for nearly 20% of GDP and is mostly shouldered by women. While laws like 1413 of 2010 have made unpaid work visible, challenges remain such as the wage gap and unequal domestic burden. The country ranks fourth globally in women in high-level positions, at 43.4%.

Mexico's central bank cut its benchmark rate to 6.75% in a split decision, as global markets closed lower amid the US-Iran war. The BMV fell 1.65%, and the peso depreciated 1% against the dollar. Oil prices rose due to the Strait of Hormuz closure.

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Banco de México cut its interest rate by 25 basis points to 6.50 percent, ending a cycle of reductions that began in March 2024. The move followed April inflation slowing to 4.45 percent annually. Two board members voted against the decision.

Preliminary February 2026 data point to a loss of momentum in the Mexican economy after a promising January start. Car sales dipped slightly and formal employment grew weakly, though there are no signs of recession.

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President Gustavo Petro blamed the Banco de la República's high interest rates for the housing sector's contraction, which has seen 10 consecutive quarters of decline. The leader stated that these positive and growing real rates have prevented users from affording payments. Analysts, however, emphasize the drop in social interest housing as the main factor.

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