Regulatory Alerts2021-11-30 | DOF 5636736Added · Updated
Official Letter Modifying Authorization Terms for Banco Santander Mexico, S.A., Multiple Banking Institution, Santander Mexico Financial Group
The National Banking and Securities Commission modifies the capital social of Banco Santander Mexico, S.A., increasing it from $28,117,661,554.00 to $32,485,600,110.00 to support the issuance of perpetual and convertible subordinated debt instruments. The entity is required to publish the official letter in the Official Gazette of the Federation and two widely circulated newspapers within fifteen business days of receiving the notice.