Overview
- At the Asofom national convention on Thursday, leaders said they are designing structured debt packages of about 5,000–10,000 million pesos, to be issued individually or jointly so the offerings appeal to Afores and foreign institutional investors.
- Nacional Financiera (Nafin) and Bancomext announced a first‑loss guarantee program with a 1,743 million peso envelope to share early losses and make Sofomes’ loans to microbusinesses and SMEs safer for investors.
- Sofomes are strengthening governance and controls by adopting a near‑universal self‑regulation decálogo, launching a sustainability guide with the IFC, and rolling out a second‑version fraud‑identification platform to meet institutional investor standards.
- Operational risks persist: extortion, branch data breaches and threats have forced some Sofomes to close locations and tighten lending in states such as Sinaloa and Sonora, reducing origination in affected areas.
- SME demand for new credit has moderated as many firms focus on debt restructuring, but Sofomes report ample liquidity and say successful market placements of large packages could unlock pension‑fund capital and expand financial inclusion under Plan México.