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Article: No easy recipe. (interview with Banco de Mexico Governor Miguel Mancera)(Mexico)(Interview)
- Article from:
- The Banker
- Article date:
- February 1, 1996
CopyrightCOPYRIGHT 1996 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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One year after the Mexican financial crisis, the Governor of Banco de Mexico Miguel Mancera talks to THE BANKER
Q The Mexican government has built an extensive - and costly - safety net of programmes to prevent the considerable liquidity and asset quality problems of the banking industry over the past year triggering a wider crisis in the financial system.
What has been the level of government financial assistance to the banks over the past year and how much will it need to allocate to support programmes in 1996? Also, how would you characterise the government's current policy on bank intervention, especially in the light of recent moves regarding Inverlat and ...