* Mexico’s regulatory committee for bank liquidity, which groups representatives from the finance ministry (SHCP) and the central bank (Banxico), has agreed on the extension of measures implemented in April last year to help guarantee banks’ access to liquidity amidst the persistent uncertainty caused by the coronavirus (Covid-19) pandemic. The measures, which introduced exceptions to liquidity rules, were due to expire on 1 March but have now been extended for six months. They will then be gradually lifted in the next six months
“so as to avoid abrupt corrections in the behaviour of banking institutions”.
End of preview - This article contains approximately 94 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options