Brilliant Perspective for Mexican Banks

With the central bank help recently achieved the Mexican banks perspective cannot be more brilliant through  the future. It was massively informed in the media that central bank of Mexico was reformulated a legal mandate that will ban many commissions to debit and credit accounts in the country. However the bottom line its that the previous mandate that already eliminate this bulky commissions was put it on hold by judges in Mexico and this legal hold preventing this mandate to be effective is going to expired soon. So helpfully the  central bank erode the old mandate and put in effect a new one ready to refresh the legal circle, and to give the population the very wrong impression. But at the same time is great for business, great for the Mexican bank stocks, because this will directly boost credit to all classes of consumer in the country and the profits will be out of this world dear investors. Invest safe.

Andres Hadad / Investment 400 Senior Analyst