Citigroup Said To Plan $1.5 Billion Investment In Mexico By 2018

Enrique Pena Nieto, Mexico's president, center, stands for a photograph with Luis Videgaray, Mexico's finance minister, from left, Michael Corbat, chief executive officer of Citigroup Inc., and Manuel Medina-Mora, chief executive officer of global consumer banking and co-president for Citigroup Inc., during an investment announcement in Mexico City, Mexico, on Tuesday, Sept. 9, 2014. Citigroup Inc.'s Mexico unit is planning to invest 20 billion pesos ($1.5 billion) in physical and technology infrastructure by 2018, according to a person with knowledge of the decision. The U.S.'s third-largest bank by assets will also make 130 billion pesos available for loans related to the energy industry and 50 billion pesos for credit to small- and medium-sized businesses over the next four years. Photographer: Susana Gonzalez/Bloomberg via Getty Images
Enrique Pena Nieto, Mexico's president, center, stands for a photograph with Luis Videgaray, Mexico's finance minister, from left, Michael Corbat, chief executive officer of Citigroup Inc., and Manuel Medina-Mora, chief executive officer of global consumer banking and co-president for Citigroup Inc., during an investment announcement in Mexico City, Mexico, on Tuesday, Sept. 9, 2014. Citigroup Inc.'s Mexico unit is planning to invest 20 billion pesos ($1.5 billion) in physical and technology infrastructure by 2018, according to a person with knowledge of the decision. The U.S.'s third-largest bank by assets will also make 130 billion pesos available for loans related to the energy industry and 50 billion pesos for credit to small- and medium-sized businesses over the next four years. Photographer: Susana Gonzalez/Bloomberg via Getty Images
Citigroup Said To Plan $1.5 Billion Investment In Mexico By 2018
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Credit:
Bloomberg / Contributor
Editorial #:
455058868
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Bloomberg
Date created:
09 September, 2014
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Source:
Bloomberg
Object name:
CITIGROUP MEXICO