ORGANIZATIONAL
PROFILE
The Asociación de Bancos de México, ABM, A.C. was founded on 12 November 1928 as the Asociación de Banqueros de México, in the aim of representing the general interests of the Mexican banking system. Originally created with the participation of 26 banks, the ABM now comprises 42 commercial banking institutions across Mexico.
Since its founding, the ABM has functioned as an umbrella organization for Mexico's credit institutions, collaborating with its members to achieve general objectives and to carry out all activities related to the banking services, credit, and the modernization of payment systems.
The ABM has also played a fundamental role in mediating the relations of the different member institutions among themselves and between the banking system and the Mexican government, non-bank financial intermediaries, other umbrella groups, and international institutions.
Mision
To develop and strengthen the Mexican banking sector and to represent the interests of member institutions in achieving their objectives and carrying out their activities, offering specialized technical services, information, liaisons with government authorities, international interaction, studies, research, and services of common interest.
Vision
To be a highly reputable institution through its contribution to the integral development of the banking system, representing the general interests of the sector and improving understanding of the services offered by the banking system, in the aim of contributing to the harmonious and sustainable development of Mexico.
Goals
•To represent and defend the general interests of its member institutions in all common dealings with
the government and the private sector.·To facilitate communications among the member institutions in order to reach consensus on matters
requiring the establishment of standards that enhance the efficiency of the sector.·To foster the development of banking activities through forums in which both domestic and
international experiences can be shared, resulting in better business practices and innovation.·To carry out studies and research aimed at the development and sound functioning of the banking
and financial system in general, in order to improve its operating procedures and practices.·To submit proposals to governmental authorities for updating laws, regulations, circulars, rules, and
provisions, bringing them into line with the changing circumstances of the financial system, the economy, and international practices, in order to increase the competitiveness of institutions operating in Mexico.·To disseminate information about products, services, agreements, and other matters on the national
agenda in which the banking system has an interest.·To supervise the operations and sound functioning of the State Banking Centers.
·To organize and promote courses and seminars aimed at improving the skills and training of bank
executives in areas of current interest to the healthy development of the banking system.·To participate with institutions in other countries and with international organizations to foster better
relations and to share experiences that will make for better banking practices and make the Mexican financial system more efficient.Who We Are
