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Mexico’s decision to pull Bank Accendo’s license “an isolated incident”


© Reuters. FILE PHOTO. Gabriel Yorio (Mexico’s Deputy Financial Minister) is seen speaking with Reuters in Mexico City, Mexico on September 9, 2020. REUTERS/Henry Romero

MEXICO CITY (Reuters) – Mexico’s Deputy Finance Minister Gabriel Yorio said on Tuesday that the revocation of the banking license of Bank Accendo was an isolated situation and did not pose a threat to the country’s banking and financial system.

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