Banks believe they are prepared to finance government infrastructure projects by 2025

Some Mexican banks have already expressed interest in financing infrastructure projects to be carried out during Claudia Sheinbaum’s administration, which has previously said that passenger trains and housing will be important initiatives.

The banks that have so far made statements on the matter are Inbursa, owned by Carlos Slim, and Banorte, owned by Carlos Hank González. The comments of the representatives of the institutions were made during the presentation of their respective financial reports for the third quarter of 2024.

Marcos Ramírez Miguel, CEO of Grupo Financiero Banorte, stated that changes in government management at the federal or state level will lead to more investment, particularly in 2025-2026.