Santander bolsters investments and confidence in Mexico

Madrid (Notimex) -- Mexico is the Latin American market that will receive the most investments from Santander, said the bank's President, Ana Botín (above).

Part of the bank's plans are to launch a microcredit and entrepreneur financing program in Mexico.

Botín added that whatever happens with the North American Free Trade Agreement, NAFTA, "we will stay in Mexico, we will collaborate with the government, institutions and our customers, we are fully committed".

But the modernization of NAFTA is important for both the U.S. and Mexico. It's a deal that can be improved.

The microcredit program will operate through non-banking subsidiary Sofome, as well as a financing and support program for young Mexican entrepreneurs.

Photo: Notimex