|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Mexico

Lopez Obrador Rules Out Changing Mexican Banking Laws for 3 Years

MEXICO CITY – Mexican President-elect Andres Manuel Lopez Obrador said on Friday that Mexican banking laws would not be reformed during the first three years of his administration, in an attempt to ease market fears regarding a bill presented by his party to eliminate bank fees.

“Banks will have all the needed guarantees in our country,” Lopez Obrador said during a press conference at his transition headquarters.

“We respect the initiatives launched by lawmakers, but our policy is to leave banking and financial laws unchanged,” he said.

“During the first three years there will be no changes. This is what I told the director of Banco Santander. Banks will have all the needed guarantees in our country,” the president-elect added.

The bill presented on Thursday by Sens. Ricardo Monreal and Bertha Caraveo seeks to put an end to “the alarming and excessive abuse of bank fees that are detrimental to Mexicans” by reforming the laws regulating financial services.

The bill would prohibit banks from charging fees to their customers for several services, including for checking their balances, withdrawing cash at ATMs, and replacing stolen or lost bank cards.

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved