Cancun, Quintana Roo — Mexico’s banking sector announced a major initiative to boost small and medium-sized businesses, pledging to provide an additional 1.4 trillion pesos in loans during 2026.
The announcement came from the Mexican Banking Association during its annual convention in Cancun. Association president Emilio Romano Musali said the goal is to expand access to bank financing, increase the number of companies with credit, and encourage their integration into the formal economy.
Musali emphasized that one of the main challenges is eliminating historical barriers that have limited small businesses’ access to the financial system. The plan aims to simplify credit mechanisms and make them more accessible.
He noted that access to financing not only allows companies to grow and consolidate but also encourages formalization, a key element for sustainable development.
The banking sector expects this strategy to have a direct impact on strengthening the national economy, generating jobs, and creating more opportunities for entrepreneurs across Mexico.
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