In AMLO's Mexico, Banking Group Brims With Confidence
- Association head says low growth will constrain lending
- Martinez welcomes deal with government over commissions
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As Mexico’s new populist president settles into office and a dispute mounts over banking fees, the country’s industry association doesn’t see a cloud on the horizon.
The outgoing head of the Mexican banking association and current chairman of Santander Mexico, Marcos Martinez, doesn’t see any risks in the industry, saying only that slower-than-expected economic growth would limit bank lending this year.