The future federal administration doesn’t worry Spanish banks, BBVA and Sabadell

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The Spanish banks, BBVA and Sabadell, think that the future federal government of Mexico, led by Andrés Manuel López Obrador, is showing signs of optimism, management and financial market wise.

The CEOs of these financial groups, with a presence in the Mexican market, considered separately that there is a positive outlook ahead for Mexico.

"The signs of what the new government will be are positive and everything is positive when it comes to economic order," said BBVA Group CEO, Carlos Torres Vila.

The CEO of Sabadell, Jaime Guardiola, said that people should be optimistic about the future government of López Obrador, whose first movements can be regarded as orthodox.