Investor Presentaiton
6
'Recovery plan' to return back to 'normal' from COVID-19
■ Four-month advance to the senior citizen pension
Support for:
-
Fishermen
Programs from Development Banks
MX$ billion, US$ million, % of GDP
Institution
Measure
MXN
USD*
% of GDP**
Children with disabilities
Total
61.1
2,535
0.25
Benito Juárez Universities
Savings for people without access to financial services
Agriculture
Upkeep for schools
■ Programs for:
Apprenticeships
BANOBRAS
Liquidity support for companies in the
infrastructure sector
6.0
249
0.02
NAFIN /
BANCOMEXT
NAFIN /
BANCOMEXT
Liquidity support for "first-floor" financial
institutions
10.0
415
0.04
Liquidity support for "second-floor" financial
institutions
20.0
830
0.08
Internet for everyone
Guarantee prices
NAFIN /
BANCOMEXT businesspeople
Guarantees program for companies and
6.3
261
0.03
Toluca - Mexico City Train
SHF
Stabilization of syndicated loans provided to
construction companies
8.8
365
0.04
Construction of branches of El Banco del Bienestar
SHF
☐
Recruitment of 31 thousand new elements for the Army, Navy
and National Guard
SHF
Additional financing for "second-floor" bridge loans
Small loans for housing improvements
6.0
249
0.02
2.0
83
0.01
■ Rural concrete roads
FND
Attention scheme for the restructuring of debtors'
loans
TBD
New credits and refinancing from INFONAVIT
FND
Measures to support the Rural Economy
TBD
☐
'Sowing Life' program will extend to 200 thousand farmers
Banco del
Expedited returns of VAT to taxpayers
Clients' Program
2.0
83
0.01
Bienestar
☐
◉
No increase to taxes or adoption of counter-cyclical measures or
corporate bailouts to businesses or banks
Elimination of 10 deputy ministries
Reduction of 25% in wages of high-ranking workers (Deputy
Director and upwards) and end-of-year bonus elimination
Savings of 75% in general spending and supplies categories
Source: Banorte and Presentation from Beatriz Leycegui (SAI, April 15, 2020)
USD/MXN: 24.10 **Nominal GDP in 2019
FOCIR
Banco del
Outreach Program
TBD
Bienestar
Banco del
Reactivation of credit demand
TBD
Bienestar
Extension of the period to divest affected
TBD
companies
FOCIR
Suspension of commission payments for the
management of FICAS
TBD
FOCIR
Emerging Program "COVID 2020 - FOCIR-SE"
TBD
Eco
Hist DB NIM Rev C/I NI Div ROE
LD Dep
Loan
ICAP BAP Guid Mkt App
GRUPO FINANCIERO
BANORTEView entire presentation