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

Mexican Deputy Finance Minister Gabriel Yorio is seen during an interview with Reuters at the National Palace in Mexico City
FILE PHOTO: Mexican Deputy Finance Minister Gabriel Yorio is seen during an interview with Reuters at the National Palace in Mexico City, Mexico September 9, 2020. REUTERS/Henry Romero

September 28, 2021

MEXICO CITY (Reuters) – Mexico’s Deputy Finance Minister Gabriel Yorio said on Tuesday that the revocation of the banking license of Bank Accendo was an isolated situation and did not pose a threat to the country’s banking and financial system.

(Reporting by Anthony Esposito in Mexico City, writing by Laura Gottesdiener)