Two weeks before the Banking Convention, the Secretary of Finance and Public Credit, Edgar Amador, reproached the sector for still facing challenges in granting larger credits to small and medium-sized enterprises (SMEs), one of the agreements signed a year ago in Nuevo Nayarit. Today, in such cases, the main source of financing continues to be commercial bank credit, stated the head of the country's public finances during his participation in the 34th Plenary Meeting of Banamex's Advisory Councils. From that forum, Amador Zamora asked to strengthen more accessible and competitive alternatives. In this sense, he said he would also seek for banks to reduce the requirements they demand. Sheinbaum seeks for banks to reduce their requirements to grant more credits to SMEs. The credit rating agency Moody's pointed out in a report that productive bank credit for Mexican SMEs continues to be scarce, expensive, and short-term. "Mexico needs greater participation from the banking sector to reach its full potential," he said. Despite President Claudia Sheinbaum's efforts for the banking sector to grant larger credits to SMEs, a year after the agreement signed at last year's convention, the results remain low, as they only managed a one-point increase, according to a data point the president offered at the end of January. "Without a deepening of credit, the expansion of exports becomes a matter of volume rather than development," he warns. Additionally, in a conversation with LPO, the credit agency shared that the percentage of loans to SMEs even decreased last year, dropping from 7% in December 2024 to 6% in 2025. The Secretary of Finance emphasized this Thursday that the participation of the banking sector is fundamental for the development of the investment projects the government has, such as Plan Mexico or the Infrastructure Plan. These projects will be key to economic growth. "Challenges persist in access to credit, mainly for SMEs, women, and youth." "Mexico faces a demanding environment, but it does so with macroeconomic stability, fiscal discipline, and a clear strategy to boost productivity, investment, employment, and the dynamism of our economy," said Amador Zamora. A factor that explains the economic stagnation despite the advance of exports. This morning, Amador Zamora maintained his confidence that 2026 will be a "much more favorable" scenario driven by these investment projects, coupled with better domestic consumption.
