SEFISE, the Financial Pillar

Mexico, May 4, 2016 (Newswire.com) - ​​​​​There is a problem at the time of analysis the role of the ENR SOFOMES as SEFISE, and is the case of access to the competitive funding for the SOFOMES, who have still little participation in the funding provided by development banks and commercial banks, which increases its credit offerings and restricts its penetration in the Mexican market.

SEFISE has shown that the downside of being a SOFOM is the legal uncertainty surrounding the figure and that has led the authorities to raise the quasi-banking regulation of the SOFOMES, paradox that is incompatible with the very foundation of non-bank financing that consists of the creation of a model capable of attending to the SMEs is low-cost and flexible operation concludes in the text that there must be a clearance in the sector based on increase of capitalization minimum levels necessary for the SOFOMES to 2 million pesos, eliminating in the same way to all entities that do not comply with the authority in any sense. According to statistical studies of the country.

SEFISE provides support to more than 13 thousand employees of the public sector through 87 agreements with States, municipalities, and federal agencies in the Center and South of the country.

With these simple steps, it would eliminate more than 85% of the universe of existing SOFOMES, leaving only existing institutions truly dedicated to financial intermediation in a professional manner. With this measure, the "survivors" SOFOMES may have greater and better care of fondeadores and authorities. SEFISE shows the efforts of regulators, banking, agents of the banking development and own Guild of SOFOMES to join efforts to purge the sector and rescue their prestige, showing information objective that the figure is very successful and its non-regulated business model is essential for financing in the Mexico of today. Understand the SOFOMES is an obligation who want to glimpse the trends in financial inclusion within the Mexican financial system.

The SOFOMES to be corporations whose main corporate purpose is the granting of credit, as well as the celebration of leasing or factoring financial operations, highlights that one of the first financial entities known as Sofomes is Sefise SA de CV SOFOM ENR, which was conceived to provide financial services throughout the national territory, supporting the working class with credits that allow them to improve their living conditions. SEFISE provides support to more than 13 thousand employees of the public sector through 87 agreements with States, municipalities, and federal agencies in the Center and South of the country.

SEFISE, as the institution most out financial can the sensationalism surround it of bad reviews but that removes the SEFISE interest to be the credit company with more popularity in Mexico, its social character has not been its most competitive feature and thus conquer e market, as well as including a catalogue of quite beneficial and comfortable credits for the Mexican worker who wants to venture into the world of Mexican finance and understand the banking world.

Source: NIIT