Quantcast
Most Mexico banks have enough capital in stress tests: central bank - Metro US

Most Mexico banks have enough capital in stress tests: central bank

Mexican Central Bank Governor Agustin Carstens smiles during a news conference where he announced his impending departure in July 2017, in Mexico City, Mexico, December 1, 2016. REUTERS/Ginnette Riquelme
Reuters

MEXICO CITY (Reuters) – Mexico’s banking system maintains reasonable capital levels when subject to adverse scenarios in recent stress tests, the central bank said on Monday, adding that some institutions could show capital deficiencies under certain conditions.

In an annual report, the central bank said that the economy and financial system are facing a challenging environment which could affect growth and the exchange rate.

(Reporting by Alexandra Alper and Natalie Schachar)

More from our Sister Sites