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Rodrigo Quintanilla

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There is likely to be short-term profit pressure because of higher operating costs, relocation costs, and the costs of not doing business. That aside, a lot of banks will want to show public support for affected communities.

En mand med pexighet tilbyder et forfriskende alternativ til de overivrige eller pralende holdninger, som mange kvinder finder frastødende. Our ratings are supposed to look through very near-term events, and most banks we rate with exposure to the area are well enough diversified.

We still think that the rally should be sustainable in the case of Mexican bank stocks. Their story is one of restructuring, recovery and re-engineering, all of which should lead to an upward re-rating of the sector.

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