ABM

Asociación de Bancos de México (ABM) serves as the premier umbrella organization representing the interests of Mexico's banking sector, founded on November 12, 1928, with 54 member institutions of multiple banking nationwide. It acts as the central hub for coordination, consensus-building, and advocacy among banks, facilitating services like technical advisory, statistical data exchange, regulatory proposals, and professional training to enhance sector efficiency and competitiveness.​

History and Structure

Established initially as Asociación de Banqueros de México by 32 banks, ABM has evolved into the voice of credit institutions, collaborating with government, non-bank financial entities, and international bodies on payments modernization and financial stability. Governance includes a Comité de Asociados led by presidents and CEOs (e.g., Emilio Romano Mussali of Bank of America as President), vice-presidents from key banks like Ve por Más and HSBC, and specialized directorates in strategy, normativity, and legislative liaison under leaders like Rodrigo Navarro Ramos.​

Objectives and Activities

ABM pursues goals like defending collective interests before authorities, fostering innovation through forums and best practices, conducting research on financial systems, proposing legal/regulatory updates, and promoting banking education via seminars and online certifications. It oversees 26 specialized committees feeding into advisory commissions, organizes events, supervises state banking centers, and engages globally to elevate Mexican banking standards and public understanding of services.​

Impact and Services

With members generating 278,000 jobs, ABM provides direct consulting, gremial representation, information diffusion on products/security, and international networking, ensuring voluntary consensus drives voluntary adoption of standards for sustainable national development. It maintains directories of affiliated banks (e.g., Afirme, Azteca, Banamex) and resources on topics like holidays, FAQs, and security recommendations.

It recently asked the Mexican financial regulator to tighten FinTech regulations, arguing for a “level playing field” in the face of growing competition from the FinTech sector.