trending Market Intelligence /marketintelligence/en/news-insights/trending/xddhcdfid6xbrncodqi0mg2 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

Banco Famsa to more than double credit portfolio through SME, fintech lending

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


Banco Famsa to more than double credit portfolio through SME, fintech lending

Banco Ahorro Famsa SA Institución de Banca Múltiple in 2018 aims to increase its credit portfolio among small and medium-sized companies and fintech solutions to 3.50 billion Mexican pesos from 1.50 billion pesos presently, the lender's chairman told El Economista.

José Luis Ochoa Bautista said the bank would reach the goal by offering different products including treasury management, boosting microlending operations through online platforms, and by opening up a new SME segment.

In February, the bank acquired the passive operations portfolio of Bankaool SA Institución de Banca Múltiple after the latter closed its operations. The deal increased Banco Famsa's levels of demand deposits and time deposits by about 183.4 million Mexican pesos while growing its customer network by 31,458 active accounts.

Banco Famsa, owned by retailer Grupo Famsa SAB de CV, has 20 branches.

As of March 19, US$1 was equivalent to 18.74 Mexican pesos.