Mexico to extend financial, housing measures to lend support in pandemic


Reuters | Mexico City | Updated: 30-06-2020 00:58 IST | Created: 30-06-2020 00:45 IST
Mexico to extend financial, housing measures to lend support in pandemic
Representative image Image Credit: Twitter (@cristian2222)
  • Country:
  • Mexico

Mexico's finance ministry on Monday announced the extension of several financial sector and housing measures aimed at supporting people and companies hurt by the economic fallout of the coronavirus pandemic.

In March, Finance Minister Arturo Herrera said Mexican banks would offer clients deals to defer interest payments and principal on loans. He added that the bank regulator, the CNBV, would give regulatory leeway to banks so they can focus on helping people.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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