trending Market Intelligence /marketintelligence/en/news-insights/trending/gWr5P2rG7P7n-u6GvkO6cg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

CNBV to probe Bansefi's distribution of earthquake-aid cards

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


CNBV to probe Bansefi's distribution of earthquake-aid cards

Mexico's financial regulator CNBV will investigate Banco del Ahorro Nacional y Servicios Financieros S.N.C., or Bansefi, for alleged security mistakes when the state-run bank distributed special payment cards for aid to earthquake victims in Chiapas and Oaxaca, according to a column in El Financiero.

Bansefi dispersed money from Mexico's natural disaster rescue fund Fonden to tens of thousand of victims who suffered from the two quakes that battered Mexico in September.

According to the publication, at least 57 of those cards have been criminally cloned, which has meant a loss of around 500,000 Mexican pesos for the disaster fund.

Bansefi has reportedly been criticized for not using computer chips in the cards and thus leaving them vulnerable to theft.

CNBV has therefore sent a list of questions to the state-run bank asking for a "detailed justification for the reason the institution did not use bank cards with an integrated circuit for the operation of the Fonden program," according to the publication.

As of Nov. 28, US$1 was equivalent to 18.59 Mexican pesos.