“This will allow institutions to offer support schemes so that their affected clients have the opportunity to temporarily defer payment of their credit cards,” Banxico said.
Banxico said these types of measures should be in effect until April and asked lenders to provide clear information to their clients about the terms of the benefits.
In the middle of last week, Otis hit the resort of Acapulco with winds of 270 kilometers per hour (km/h), becoming the most powerful cyclone to make landfall on the western coast of Mexico since records began and leaving around 100 people dead. dead or missing.
In addition to the loss of life, the damage caused by Otis is estimated at nearly $16 billion.
On Wednesday, the Mexican government announced a support plan for some 61.3 billion pesos (about $3.425 million) for the reconstruction of Acapulco and adjacent areas.
2023-11-03 01:45:26
#Banxico #urges #lenders #suspend #minimum #credit #card #payments
