Citibanamex believes in a future healthy bank system with AMLO

Despite the potential risks of the new measures that may be taken by the virtual president-elect, Andrés Manuel López Obrador, his moderate tone, the independence of the Bank of Mexico (Banxico) and the solid government of other regulatory agencies must provide institutional support to the banking system to keep growing, explained Citibanamex.

In an analysis of the potential threats and opportunities under the administration of López Obrador, Citibanamex said that the high margins for net interest and the stable quality of the bank’s assets, as well as greater credit growth, mean that the profitability of the sector continues improving.