2016-09-23 | DOF 5453666

Added

Agreement Increasing the Social Capital of the National Savings Bank and Financial Services and Reforming Article 7 of its Organic Regulations

The Agreement increases the social capital of the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, from $1,497,025,000.00 to $1,747,025,000.00 Mexican pesos. It amends the first and second paragraphs of Article 7 of the Institution's Organic Regulations to reflect this new capital amount and the corresponding number of Series A and Series B equity certificates. The Bank is required to register these modifications in the Public Commerce Registry, and the Agreement enters into force the day following its publication in the Official Gazette of the Federation.

Secretaria de Hacienda y Credito Publico logo

Mexico

Secretaria de Hacienda y Credito Publico

Click to view thumbnail

DOF: 23/09/2016

AGREEMENT by which the increase in the social capital of the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution is ordered and paragraphs one and two of Article 7 of the Organic Regulations of the Society are reformed.

A national seal appears on the margin, which reads: United Mexican States.- Ministry of Finance and Public Credit.

Agreement 69 /2016

AGREEMENT BY WHICH THE INCREASE IN THE SOCIAL CAPITAL OF THE NATIONAL SAVINGS BANK AND FINANCIAL SERVICES, SOCIETY OF CREDIT, DEVELOPMENT BANKING INSTITUTION IS ORDERED AND PARAGRAPHS ONE AND TWO OF ARTICLE 7 OF THE ORGANIC REGULATIONS OF THE SOCIETY ARE REFORMED.

LUIS VIDEGARAY CASO, Secretary of Finance and Public Credit, based on articles 31, fractions VII and XXXIV of the Organic Law of the Federal Public Administration; 30 and 38 of the Credit Institutions Law, in exercise of the powers conferred upon me by article 6, fraction XXI of the Internal Regulations of the Ministry of Finance and Public Credit, and

CONSIDERING

That the Honorable Congress of the Union, through a Decree published in the Official Gazette of the Federation on June 1, 2001, issued the Organic Law of the National Savings Bank and Financial Services.

That the Ministry of Finance and Public Credit issued the Organic Regulations of the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, published in the Official Gazette of the Federation on November 29, 2001 and reformed through Agreements published in the same official medium on September 17, 2004, March 6, 2009, November 24, 2009, October 28, 2010, January 21, 2011, June 10, 2011, January 1, 2015 and August 25, 2015.

That, based on what is provided in articles 22, fraction XXI of the Organic Law of the National Savings Bank and Financial Services, 38 and 42, fraction XIII of the Credit Institutions Law, the Board of Directors of the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, in its meeting number 97 held on August 17, 2015, approved proposing to the Ministry of Finance and Public Credit the increase in the social capital of the Institution by the amount of $300,000,000.00 (THREE HUNDRED MILLION PESOS 00/100 M.N.), with which the social capital of the Institution would pass from $1,497,025,000.00 (ONE THOUSAND FOUR HUNDRED NINETY-SEVEN MILLION TWENTY-FIVE THOUSAND PESOS 00/100 M.N.) to $1,797,025,000.00 (ONE THOUSAND SEVEN HUNDRED NINETY-SEVEN MILLION TWENTY-FIVE THOUSAND PESOS 00/100 M.N.).

That, after verifying the sufficiency of budgetary resources and in compliance with the provisions contained in the Federal Budget and Fiscal Responsibility Law and its Regulations, the Ministry of Finance and Public Credit approved the increase in social capital, by the amount of $250,000,000.00 (TWO HUNDRED FIFTY MILLION PESOS 00/100 M.N.), to strengthen the social capital of the Bank.

That the Board of Directors of the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, approved in its meeting number 100 held on February 26, 2016, to propose to the Ministry of Finance and Public Credit to modify Article 7 of the Organic Regulations of the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, derived from the increase in social capital, by the amount of $250,000,000.00 (TWO HUNDRED FIFTY MILLION PESOS 00/100 M.N.), so that the social capital would remain at the amount of $1,747,025,000.00 (ONE THOUSAND SEVEN HUNDRED FORTY-SEVEN MILLION TWENTY-FIVE THOUSAND PESOS 00/100 M.N.).

That the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, through letter DGA/DJC/088/2016 dated March 14, 2016, based on what is provided in articles 22, fraction XIX of the Organic Law of the National Savings Bank and Financial Services and 38 and 42, fraction XI of the Credit Institutions Law, has requested this Ministry to modify the Organic Regulations of the Society, in order to consider the increase in social capital established in the previous paragraph, I have deemed it appropriate to issue the following:

AGREEMENT BY WHICH THE INCREASE IN THE SOCIAL CAPITAL OF THE NATIONAL SAVINGS BANK AND FINANCIAL SERVICES, SOCIETY OF CREDIT, DEVELOPMENT BANKING INSTITUTION IS ORDERED AND PARAGRAPHS ONE AND TWO OF ARTICLE 7 OF THE ORGANIC REGULATIONS OF THE SOCIETY ARE REFORMED

UNIQUE. - Paragraphs one and two of Article 7 of the Organic Regulations of the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, published in the Official Gazette of the Federation on November 29, 2001, reformed through Agreements published in the Official Gazette of the Federation on September 17, 2004, March 6, 2009, November 24, 2009, October 28, 2010, January 21, 2011, June 10, 2011, January 1, 2015 and August 25, 2015, are reformed to read as follows:

"ARTICLE 7.- The social capital of the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, is $1,747,025,000.00 (ONE THOUSAND SEVEN HUNDRED FORTY-SEVEN MILLION TWENTY-FIVE THOUSAND PESOS 00/100 M.N.). The paid social capital is the amount of $1,747,025,000.00 (ONE THOUSAND SEVEN HUNDRED FORTY-SEVEN MILLION TWENTY-FIVE THOUSAND PESOS 00/100 M.N.).

This social capital will be represented by 115,303,650 (ONE HUNDRED FIFTEEN MILLION THREE HUNDRED THREE THOUSAND SIX HUNDRED FIFTY) equity contribution certificates of Series "A", with a nominal value of $10.00 (TEN PESOS 00/100 M.N.), each, and by 59,398,850 (FIFTY-NINE MILLION THREE HUNDRED NINETY-EIGHT THOUSAND EIGHT HUNDRED FIFTY) equity contribution certificates of Series "B", with a nominal value of $10.00 (TEN PESOS 00/100 M.N.) each.

The social capital may be increased or reduced in accordance with what is provided in article 38 of the Credit Institutions Law, upon proposal of the Board of Directors of the Institution, by agreement of the Ministry and through modification of these Regulations."

TRANSITORY PROVISIONS

FIRST.- This Agreement will enter into force the day following its publication in the Official Gazette of the Federation.

SECOND.- In accordance with what is established in the last paragraph of article 30 of the Credit Institutions Law, the National Savings Bank and Financial Services, Society of Credit, Development Banking Institution, must register in the Public Commerce Registry the modifications that are made to its Organic Regulations by virtue of this agreement.

Mexico City, September 6, 2016.- The Secretary of Finance and Public Credit, Luis Videgaray Caso.- Signature.

In the document you are viewing, there may be text, characters or objects that are not displayed correctly due to conversion to HTML format, so we recommend always taking the digitized image of the DOF or the PDF file of the edition as a reference. The content, form and scope of the published documents are the strict responsibility of their issuer.

CONSULT

BY DATE

Do Lu Ma Mi Ju Vi Sá

INDICATORS

Exchange Rate and Rates as of 31/08/2026

DOLLAR 17.0427 UDIS 8.810483 TIIE 28 DAYS 6.7659% TIIE 91 DAYS 6.8033% TIIE 182 DAYS 6.8577% TIIE DE FONDEO 6.51%

See more

SURVEYS

Did you like the new image of the Official Gazette of the Federation website?

No Yes

Official Gazette of the Federation

Río Amazonas No. 62, Col. Cuauhtémoc, C.P. 06500, Mexico City Tel. (55) 5093-3200, where you can access our services menu

Electronic address: dof.gob.mx

113

LEGAL NOTICE | SOME RIGHTS RESERVED © 2026

More like this from SHCP

SHCP published 14 documents in the last 30 days. We email you each new one the day it's published.

Topics
Share