Wednesday, May 4, 2016

Fitch: Systemically Important Mexican Banks Ready to Meet Additional Capital Requirements

(The following statement was released by the rating agency)

MONTERREY, May 04 (Fitch) The seven systemically important

Mexican banks

(G-SIBs) recently selected by the local regulator (Comision

Nacional Bancaria y

de Valores), currently committed to the capital rules required

by Basel III, are

ready to meet the required additional capital buffer for G-SIBs,

according to

Fitch Ratings.

The additional capital requirement established is intended to

strengthen the

bank's capitalization, given it

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