2024-05-11 03:12:58
This year, BBVA will inject 81 billion pesos into Mexico, said Carlos Torres Vila when opening the meeting of the bank’s directors.
He highlighted that during the first quarter of this year, the bank obtained profits of 2.2 billion The bank’s investments in our country will reach 81,400 million pesos, about 4,454 million euros, well above what was anticipated in the Plan 2019-2024,of euros, 19% more than the same period last year and once again, driven by Mexico y Spain.
He added that Mexico is a great country, with enormous potential to take advantage of the opportunities that arise from the new world order and growing regionalization, leveraging key trends such as innovation and sustainability.
“For this reason, we will continue with our firm commitment to the country, contributing, as we have been doing all these years,” emphasized the president of BBVA.
Torres Vila explained that last year the group reached 20 billion pesos of investment in México, intended mainly for technology and physical infrastructure and headquarters.
“Since 2019, andtTaking into account the investments planned for this year, we will have invested 81,400 million pesos, well above the objective of 63 billion that we we set initially in our 2019-2024 investment plan.”
“And all to provide the best service to our more than 30 million customers in Mexico and also to contribute to Mexican society in general”, he claimed.
Regarding the prospects for Mexico, he noted that growth is expected in I’m back to 2.5% for this year, which will be driven by domestic consumption – supported by a strong labor market and remittances – and increased investment.
Furthermore, the global reconfiguration of supply chains places Mexico as the ideal “hub” for manufacturing and services derived from the “nearshoring”, with important international investments, he emphasized.
“Nearshoring is beginning to be a reality. In 2023, Mexico has already become the first trading partner of “The United States, surpassing China”the banker highlighted in his meeting of directors, the banker said.
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2024-05-11 03:12:58