The banking and finance sector in Mexico have experienced 17 years of uninterrupted growth and now represent 17.6 percent of the country’s GDP. Despite the growth, the Mexican market faces a number of challenges, mostly related to the country’s banking level, which is shy of 50 percent of the population -- too low compared to other countries in the region. Another problem is the large number of people in informal jobs, which prevents banks from providing credit to a large percentage of the population, as well as digitalization and financial stability.
Financial & Banking
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