Overview
- BanCoppel confirmed it bought CIBanco’s automotive loan book after an exhaustive due diligence process, strengthening its mobility credit strategy.
- CIBanco’s auto portfolio totaled about 8,300 million pesos at end‑June, representing roughly 46% of the bank’s total credit, according to CNBV data.
- Multiva has taken over CIBanco’s fiduciary business and Kapital Bank is set to acquire assets from Intercam, reflecting a market‑led breakup of exposed units.
- The Asociación de Bancos de México will visit Washington from September 8 to 11 to meet the U.S. Treasury, FinCEN, OFAC, legislators and U.S. banking counterparts to present compliance advances.
- ABM president Emilio Romano said Mexican banks have operated normally without unusual withdrawals and expressed confidence the sector will reach October 20 with the issue largely resolved.