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Surge in Overdue Debt Raises Concerns About Health of Mexican Banks

ISSN:1054-8890
LADB Article ID: 56074
Category/Department: Mexico
Date: 1995-06-07
By: LADB Staff

In late May, the Mexican Bankers Association (ABM) reported a staggering increase of 46% in the banking system's total overdue debt as of mid-May, raising concern in both Mexico and the US about the danger of bankruptcy for the Mexican banking system.

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