the rater Moody’s Investor Services posted all grades Banamex in downward revision due to the “uncertainties” generated by the announcement of the sale of the consumer business of Citigroup.
The structure of the sale of its consumer banking operations in Mexico It entails uncertainties, which are contemplated in this review”, the rating agency stated in a report.
The national scale short-term deposit rating remained unchanged.
Behind the advertisement about what Citigroup will leave the business of consumer and corporate banking in Mexico, the president Andres Manuel Lopez Obrador spoke in favor of their being mexican investors those who purchase them.
The Mexican president mentioned that among the investors who could buy Citibanamex would be Ricardo Salinas Pliego, Carlos Slim, Jose Javier Garza Calderon Y Carlos Hank González.
Now if all the legal procedures are complied with, Mexican investors can be the ones who stay with Banamex, return it to Mexico,” he declared.
Despite his wishes, López Obrador assured that the Citibanamex tender will not be prevented Foreign investors: “we are not closed, we are not chauvinists, we are not against foreigners”, although he indicated that these businessmen often take profits outside the country.
With information from Milenio and López-Dóriga Digital