Regulatory Alerts2021-04-23 | DOF 5616655Added · Updated
Official Letter Modifying the Authorization Bases for the Organization and Operation of Banco Bancrea, S.A., Multiple Banking Institution
The National Banking and Securities Commission modifies the Fifth Base of the authorization for Banco Bancrea, S.A., to reflect a paid-in social capital of $1,280,000,000.00 Mexican pesos, following a capital increase approved in March 2020. The institution 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 letter, and to report the publication dates to the Commission within fifteen business days after those publications occur.