Mexico: The Ministry of Finance (SHCP) has published amendments to the Single Banking Circular (''Circular Única de Bancos'', or CUB) to establish new rules for rating the commercial credit portfolio
Published on Tuesday, June 25, 2013 | Updated on Friday, June 13, 2014
Mexico: The Ministry of Finance (SHCP) has published amendments to the Single Banking Circular (''Circular Única de Bancos'', or CUB) to establish new rules for rating the commercial credit portfolio
The commercial credit portfolio will be rated and provisions shall be allocated in accordance with an expected loss model