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Showing posts with label Mexico's banking system. Show all posts
Showing posts with label Mexico's banking system. Show all posts

Monday, April 04, 2011

Mexico Financial Stability Report Shows Banks Pass Stress Test

MEXICO CITY (MNI) - Mexico's banking system is so sound that even under stress it would maintain acceptable levels of capitalization, Mexico's Financial Stability Board said in its first annual report released Monday.

The board ran a number of "stress tests" on Mexico's financial system that found the biggest risks to stability are: an abrupt reversal in capital flows, European fiscal problems affecting local banks and an abrupt deceleration in economic activity.