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Mexico’s decision to pull Bank Accendo’s license “an isolated incident” – finance official – Metro US

Mexico’s decision to pull Bank Accendo’s license “an isolated incident” – finance official

Mexican Deputy Finance Minister Gabriel Yorio is seen during an
Mexican Deputy Finance Minister Gabriel Yorio is seen during an interview with Reuters at the National Palace in Mexico City

MEXICO CITY (Reuters) – Mexico’s Deputy Finance Minister Gabriel Yorio said on Tuesday that the revocation of the banking license of Bank Accendo was an isolated situation and did not pose a threat to the country’s banking and financial system.

(Reporting by Anthony Esposito in Mexico City, writing by Laura Gottesdiener)

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