May 23, 2025 - 09:52
In a recent discussion, the Chief Financial Officer emphasized a cautious yet strategic approach to underwriting and pricing in the face of changing consumer demand, increasing auto tariffs, and declining credit performance. The company is committed to a "through-the-cycle" methodology when assessing pricing risk, which aims to ensure stability and resilience in their financial practices.
During a fireside chat at a prominent industry summit, the CFO highlighted the importance of adapting to the current market conditions while maintaining a focus on growth. The ongoing fluctuations in the automotive sector have prompted a reevaluation of risk management strategies, ensuring that the company remains competitive without compromising on financial prudence.
As the market continues to evolve, the emphasis on steady underwriting practices positions the company favorably for future opportunities, balancing risk and growth potential effectively. This strategic focus aims to navigate the complexities of the current economic landscape while fostering sustainable development in the long term.
July 7, 2025 - 03:06
Banorte Achieves Prestigious Recognition as Mexico's Leading Retail BankIn a remarkable achievement, Banorte has been awarded the title of Mexico`s Best Retail Bank for the fifth consecutive year at the 2025 World Finance Banking Awards. This honor underscores the bank...
July 6, 2025 - 00:12
MPs Question Financial Support for Middle-Class First-Time BuyersThis week, a group of 11 MPs, collectively earning over £1 million, made a controversial decision to advocate for the elimination of a key savings product designed to assist first-time buyers....
July 5, 2025 - 02:29
Potential Shifts in Campaign Finance Law InterpretationChanges in the interpretation of campaign finance law could be on the horizon as the Supreme Court revisits this critical issue. The court`s examination of campaign finance regulations has the...
July 4, 2025 - 03:09
Investors Anticipate June Jobs Report to Influence Interest Rate CutsIn a significant development for the financial markets, investors are closely monitoring the upcoming June jobs report, which is expected to play a crucial role in shaping expectations regarding...