Banco del Bienestar: El Gobierno de México creates a service to facilitate the remittance mail | Economy

The Mexican secretary of Hacienda, Arturo Herrera, in his speech during a telephone conversation.
The Mexican secretary of Hacienda, Arturo Herrera, in his speech during a telephone conversation.HACIENDA SECRETARIAT / HACIENDA / EFE SECRETARIAT

The Gobierno of Mexico has previously announced that it will launch a new banking product for more migrants working in the foreign sector to send its e-mails to the Bienestar Bank, the government bank of the Gobierno property. In an interview with EL PAÍS, the secretary of Hacienda, Arturo Herrera, will make sure that the institution to convert in the bank with the mayor with the territorial expansion throughout the country. The search will meet the consequences of the reform of the Ley del Banco de México that will be voted on in the Congress.

The approval in the Senate of the proposal enacted by the legislator Ricardo Monreal was motivated by criticism from experts and members of the banking sector, including the proposal Bank of Mexico. At the center of the controversy is the theme of effective money laundering. Senators argue that migrants seeking to exchange their dollars in Mexico are obliged to do so with a favorable type of change that the anti-slavery restrictions create a market that disincentives the effective use. The solution, aseguran, is obligatory to the central bank, which has autonomy and is necessary for the consolidation of the financial system, to capture the dollars effectively that the citizens who exchange for pesos have a better type of exchange.

Although Herrera’s secretary does not say directly that the product is an alternative to freeze the controversial initiative in Congress, it is limited, at least to the paper, the effects of the new law. Hacienda’s proposal has given an accelerated impetus to the Bienestar Bank to keep sugar in all parts of the country, especially in rural areas where there are many cuts to commercial banks. “The most successful sugar market, starting in June, will hold the Banco del Bienestar”, Herrera said in a telephone interview. “There is a relatively large amount of sugarcane that is being built, and the armored vehicle is being part of the systems.”

“What we believe is that there is a legitimate preoccupation with ensuring that migrants, if they train effectively in dollars, have an effective exchange rate and that there are no 15 pesos per dollar, for example,” he said. secretariat, refiriéndose a type of change for debajo del that can be obtained via electronics. “We believe that there are various alternatives, one that is branded banking services in a way that has an electronic way and the other that we are willing to deal with because there are some that are effective, they can be very common. no hay algún banco o sucursal ”. “We believe that a large part of the resources will be able to read through the banking system and then, if it is to lie on the floor, for some reason, the four will effectively accept the Banco del Bienestar, as they have the commercial banks ”.

The project, without embargo, is in the hands of a bank that has seen its plant and its activities reduced since the administration of President Andrés Manuel López Obrador began. In accordance with the dates of the Banking Regulator, the National Banking and Valuation Commission (CNBV), the Banco del Bienestar has been present for some of its shortcomings since 2018, as it is the principal work of a development bank. Its plan, according to data published on the Gobierno portal, has been reduced by around 10% from 2019 to 2020.

Examples of the bank ensure that, since Diana Álvarez’s director was named in 2020, the bank has suffered a “dismantling”. Many accuse it of being liquidated without its guaranteed performance by the institution, which has high demand. This was confirmed by a source within the same bank, who says that many of the despots are hiccuping “due to lack of loyalty” to Gobierno. Álvarez, a career advocate for the public service, has no financial experience or education in the banking or banking sector, as well as a semblance in the portal of President lopezobrador.org.mx.

If the construction of the insurance companies and the purchase of the systems and equipment necessary to operate under the direction of Ejército, the Secretariat of the Defense will not be the bank operator, will ensure Herrera. “El Ejército nunca va a operar, eso lo har el Banco del Bienestar”, says the secretary. It is the bank that is opposed to the staff and capacity in antilava matter, as it is, like the rest of the banks in the country, it operates with the media and restrictions.

In Mexico there is a commercial bank that has the power to sue if the deputies vote to reform the Bank of Mexico, and that through market operations such as suspects, it terminates its relationship with a correspondent bank in the United States to send the excess in effect capturing the public. “It has a banking institution that has one of its most important correspondents day to operate the correspondence activities, but it also has other correspondents”, confirms Herrera. The Banco del Bienestar, without embarrassment, does not exceed the excess of private bank balances for pesos. The service is available only to physical persons, it is said, not companies, that its customers of the Bienstar Bank.

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