Alfonso Gurza is in charge of regulatory issues and will provide support to the regulatory committee of Mexico.
He has a BA in Economics from Universidad Nacional Autónoma de México and a Masters degree from the London School of Economics. Previously, he worked at the Mexican National Banking and Securities Commission where he was in charge of drafting regulation for several sectors of the financial system.
Mexico’s Banking and Securities Commission (CNBV), publishes its financial access report. New Digital Collection Scheme (CoDi) comes into operation. 1H19 saw the national producer price index in the construction sector grow by 3.1%. Expectations of lower commercial tensions support risk assets.
Personal loans slow down, with lower average origination figures and higher interest rates in 2019. The share of customers who pay in full each month has grown in both the number of credit cards and the balance of credit granted. Banks granted better conditions for auto loans in 2018.
Update of financial savings and financing indicators in Mexico. Credit limit raised by INFONAVIT. Market performance supported by expected interest rate cuts. Reports by Sociedades de Información Crediticia (Credit bureaus). Information received by SIC from financial institutions.