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Banco Santander maintains its commitment to Mexico, despite tensions over NAFTA

The president of Banco Santander, Ana Botín, remarked today that the entity of Spanish origin maintains its commitment to Mexico, where it has its largest investment, despite the tensions around NAFTA.

Mexico, Oct. 16 (EFE) .- The president of Banco Santander, Ana Botín, remarked today that the entity of Spanish origin maintains its commitment to Mexico, where it has its largest investment, despite tensions around NAFTA.

"The biggest investment program the Santander Group has here in Mexico. We have a lot of confidence in the country, in the people, in our team," he said. Booty to the press after the presentation of the program of financial inclusion Tuiio in the capital

The entity "is here to stay, and there will be better times and more difficult times, but we want to be here, "said the president of Santander.

Mexico, Canada and the United States celebrate these days in Washington the fourth round of negotiations of the Free Trade Agreement North American Trade (NAFTA), a 1994 agreement that White House chief Donald Trump wants to modify, and even threatened to cancel, as he

The complicated talks have had a negative impact in recent weeks on the Mexican peso, which has depreciated to 19 units per dollar, a level not seen since

"I have said for many months that Mexico and the United States have benefited from the treaty. commerce can continue to have the positive impact it has had, "he said.

Botín presented the Tuiio initiative this Monday, which seeks to achieve greater financial inclusion in Mexico in the In order to generate this impact, the new instrument will offer productive credits, a digitally generated savings account, insurance and support with branches.

In addition, the initiative has a financial education program.

On Tuesday, Boot will culminate his two-day trip to the country with the presentation in Mexico City of the program Santander X, to support university entrepreneurs.

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