Regulatory Alerts2023-12-19 | DOF 5711853Added · Updated
Official Letter Modifying the Authorization Terms for the Organization and Operation of Banco Compartamos, S.A., Multiple Banking Institution
The National Banking and Securities Commission modifies the authorized social capital of Banco Compartamos, S.A., Institución de Banca Múltiple to $756,000,000.00 Mexican pesos, reflecting an increase from $639,740,970.00 approved in June 2023. This amendment updates Point Third of the original authorization resolution dated May 17, 2006, to align with statutory reforms formalized by public deed number 68,325 on June 19, 2023. The institution is required to report the publication date of this official letter in the Official Federal Diary and two widely circulated newspapers within fifteen business days of receiving the notice.