Banco Nacional de Comercio Exterior


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Banco Nacional de Comercio Exterior

A government-owned bank in Mexico. It was established to provide financing for the promotion of Mexican exports. It especially attempts to assist small and medium-sized businesses. It is based in Mexico City with offices elsewhere in the country. See also: Export Credit Agency.
References in periodicals archive ?
CO: Banco Nacional de Comercio Exterior - Bancomext ST: IN: FIN SU: RTG
has reaffirmed its dollar-and peso-denominated obligations of Banco Nacional de Comercio Exterior, S.
NEW YORK -- Fitch Ratings has affirmed the ratings of Mexico's Banco Nacional de Comercio Exterior (Bancomext) at long-term 'BBB-' (Outlook Stable), short-term 'F3' foreign currency, long-term 'BBB', short-term 'F2' local currency, and support '2'.
has assigned ratings to the dollar and peso-denominated obligations of Banco Nacional de Comercio Exterior (Bancomext) that are equal to the ratings Duff & Phelps has assigned to the obligations of the United Mexican States.
NEW YORK -- Fitch has affirmed the ratings of Mexico's Banco Nacional de Comercio Exterior (Bancomext) as follows:
Each one of the LOCs guaranteed MxP50 million and were separately issued by Citicorp (AA-/Stable/A-1+), Fleet National Bank (A+/Negative/A-1), and Banco Nacional de Comercio Exterior S.
The facility was lead by HSBC and Citibank, and included as participants Banco Nacional de Comercio Exterior, ABN AMRO, Bank of Montreal, Banamex, Banca Nazionale de Lavoro, JPMorgan-Chase and Credit Suisse First Boston and exceeded initial subscription efforts that aimed at US$200,000,000.
Ventana Mexico"), a Private Equities Fund operated by Ventana Latin America Group, with the Banco Nacional de Comercio Exterior S.
Banco Bilbao Vizcaya - Mexico Banco Nacional de Comercio Exterior Banco Nacional de Mexico Banco Santander Mexicano Petroleos Mexicanos The Long-term local currency rating of Banco Santander Mexicano is also upgraded, to `BBB'.
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