RIO DE JANEIRO, BRAZIL - (Reuters) Mexico’s Central Bank said on Wednesday, December 2nd, that stress tests of the financial system reveal the Mexican banking system as a whole has the needed levels of capitalization to allow it to face different simulated scenarios for the economy.
At the individual level, however, some banking institutions, representing a low percentage of the system’s total assets, could have difficulty maintaining minimum levels of capitalization required in certain adverse scenarios, the Bank of Mexico’s latest financial stability report showed.
“Mexico’s economy and financial system continue to face a complex environment derived . . .