Regulatory Alerts2024-02-09 | DOF 5716514Added
Resolution modifying the General Provisions applicable to credit institutions
The resolution amends Articles 2 and 337 Bis of the General Provisions applicable to credit institutions to adjust minimum capital requirements for multiple banking institutions based on their authorized operations. It establishes a minimum capital of 54 million UDIs for institutions limited to specific operations listed in Article 46, fraction II, and 90 million UDIs for those with other combinations of operations under Article 46. Existing institutions holding 36 or 54 million UDIs may continue their current operations, while those wishing to expand their operational scope must seek authorization from the Commission Nacional Bancaria y de Valores.