Business

Mexico’s decision to pull Bank Accendo’s license “an isolated incident”



© Reuters. FILE PHOTO: Mexican Deputy Finance Minister Gabriel Yorio is seen throughout an interview with Reuters on the Nationwide Palace in Mexico Metropolis, Mexico September 9, 2020. REUTERS/Henry Romero

MEXICO CITY (Reuters) – Mexico’s Deputy Finance Minister Gabriel Yorio mentioned on Tuesday that the revocation of the banking license of Financial institution Accendo was an remoted state of affairs and didn’t pose a menace to the nation’s banking and monetary system.

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