Santander Mexico CEO Grisi Says Peso Is 'Resilient'

The video discusses the strong performance of investment banking, highlighting doubled revenue and increased IPO activity in Mexico. Consumer credit and middle-sized companies are also thriving, with a focus on economic growth and rising consumer spending, particularly in car sales. The Mexican peso is noted as the best-performing currency against the US dollar, with discussions on its implications for NAFTA negotiations. The overall outlook is positive, with expectations for continued resilience and competitiveness in the Mexican economy.

Which sector has doubled its revenue in the past 18 months according to the transcript?

• Retail Banking

• Investment Banking

• Private Banking

• Corporate Banking

What is driving the potential for M&A activity in Mexico?

• Decrease in consumer spending

• Growth of the middle class

• Reduction in car sales

• Decline in foreign investments

How has the Mexican peso performed against the US dollar this year?

• It has depreciated significantly

• It has been volatile

• It has remained stable

• It is the best performing currency year to date

What is the belief about the future of the Mexican peso in terms of competitiveness?

• It will remain competitive

• It will lose value rapidly

• It will become less competitive

• It will face high inflation

What is the perspective on modernizing NAFTA according to the transcript?

• It should be abolished

• It is the right way to go

• It is unnecessary

• It will harm the economy