Regulatory Alerts2025-05-29 | DOF 5758615Added · Updated
Official Letter Modifying the Authorization Terms for the Organization and Operation of Banco Multiva, S.A. Multiple Banking Institution, Multiva Financial Group
The National Banking and Securities Commission modifies the third point of the authorization resolution for Banco Multiva, S.A. Multiple Banking Institution, Multiva Financial Group to set its social capital at $3,733,291,000.00 MXN, reflecting a capital increase approved in July 2023. The Commission requires Banco Multiva to inform the authority of the publication dates in the Official Gazette and two widely circulated newspapers within fifteen business days following the publications, which must be processed within fifteen business days of receiving this letter.