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Fitch: Mexican Banks' Slower Growth Aiding Capital Improvements

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NEW YORK--(BUSINESS WIRE)--Slower loan growth amid Mexico's sluggish economic conditions is contributing to the modest improvements in the capital positions of the country's big banks, says Fitch Ratings. The average capital ratios of Mexico's seven largest banks, including Banamex, BBVA Bancomer, Santander Mexico, Banorte, Banco Inbursa, HSBC and Scotiabank Mexico (Mexico's G7 banks), have improved over the past 15 months, even as the slowdown in the economy has reduced the demand for corporat

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