Mobile App notifications. Streaming Chart Interactive Chart. Rivero Zambrano says Banregio is also in regular contact with fintech firms, although he cautions that the model is still unproven. That means many companies active in this market lack the necessary credit history, accounting information or assets needed to secure a bank loan. For now, jitters over risk are creating a funding gap that non-bank finance institutions are piling in to fill. Some lenders even charge triple-digit rates. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. Some of those methods include looking at utility bill repayments, psychometric tests and sundry other data points, such as how long it takes a borrower to fill out an online loan application or how often they hit the backspace key, says Anton Diaz. Sector Financial.
Through machine learning, apps and APIs, the Monterrey-based bank aims to get closer to its clients, says CEO Manuel Rivero. Banregio Grupo Financiero, S.A.B.
Jaime Alberto Rivero Santos Biography
de C.V., doing business as BanRegio is a Mexican regional Jaime Rivero Santos (Chairman) Manuel Rivero Santos ( CEO). Services, business Subsidiaries, Banco Regional de Monterrey AF BanRegio.
Manuel Gerardo Rivero Santos is Chief Executive Officer at Regional SA de CV. See Manuel Banco Regional de Monterrey Banregio Grupo Financiero SA.
In the 12 months to June this year, lending to SMEs contracted by 1. Create Manage my alerts. Development banks also play a key role in shovelling cash to underserved or overlooked corners of the market.
Technology could help change things. That could make a big difference.
A., Institución de Banca Múltiple, Banregio Grupo.
Manuel Rivero Zambrano Getfintech
View Manuel Rivero Zambrano's profile on LinkedIn, the world's largest professional En Banregio estamos cambiando la forma de ser banca en México. Banregio is a % Mexican bank with 24 years of experience, founded by Manuel Rivero Santos in one of the cities with the highest industrial.
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That failure rate, however, is one of the reasons why the bigger commercial banks are reluctant to increase SME lending without a Nafin guarantee. Confirm Block Cancel. And some SMEs are simply not interested in growing, either because they lack the time or ambition or they wish to remain invisible.
A cumbersome legal framework also keeps a lid on potential loan growth.
Manuel Gerardo Rivero Santos Biography
But Parma says a degree perspective is required; it is not only small businesses that need to change but their customers too.