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Mexico | The financial system has strengths to face the slowdown

The system is in a good position to withstand the current economic situation, although there are risks that need to be monitored.

Central bank digital currencies: An assessment of their adoption in Latin America

This document focuses on identifying factors affecting the implementation of a Central Bank digital currency (CBDC) in Latin American countries. The adoption of a CBDC (non-universal) for the interbank and wholesale payment system would lead to a relatively minor level of disruption in the economy. In this case, the implementation costs is an important issue.

The Mexican financial system has the capacity to face adverse events: Banxico

Banxico published its update of the Financial System Report 2017. The main risks identified for the country's financial stability are: i) an increase in inflation; ii) low economic growth; iii) lower oil revenues; and iv) the possibility of a sudden reversal of capital flows

Extending access to the formal financial system: the banking correspondent business model

New ways of understanding banking, technological improvements, and regulation yield new means of interaction between customers and banks through outsourcing agreements. This paper provides the first harmonised database with information on the number of banking correspondents by country, which helps in measuring access to the formal financial system.