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BANCOMEXT

   Also found in: Financial 0.01 sec.
AcronymDefinition
BANCOMEXTBanco Nacional de Comercio Exterior, SNC (Mexico)


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The transfer to BANCOMEXT was considered only a temporary move, with the bank enacting structural changes to the company to make it more attractive to potential buyers (see SourceMex, 1998-06-10 and 2001-05-06).
The company is currently working with BANCOMEXT, the national Mexican bank to foment exporters, to develop a training program and other services for local PYMES.
BANCOMEXT credits to Cuba had traditionally helped boost bilateral trade between the two countries, but the agency had recently been reluctant to extend these loans because of Cuba's mounting debt.
 
 
 
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