Asofom creates Committee for international contribution

The Association of Multiple Purpose Financial Companies (Asofom) announced that it will seek international cooperation with financial entities and announced the creation of a contribution network with the sector of Non-Banking Financial Intermediaries (IFNB), in other countries of the continent.

The association estimates that in Latin America non-bank financial intermediaries place around 8% of the sector’s total assets, so they see an opportunity to generate synergies between Mexico and other countries.

“The main reason for forming this committee is that non-bank financial intermediaries are the key to regional integration by representing local economies and home investors,” said Enrique Presburguer Cherem, national president of Asofom.

To undertake this strategy, the national board of directors of Asofom approved, last October, the creation of the International Affairs Committee (CAI), which will be chaired by Miguel Nájera Villegas, who is also director of FlieBen, a finance company specializing in transport factoring in the state of Texas.

According to Nájera, in the following months the committee’s main objective will be to contact leaders of Associations and IFNB directors in Latin America to achieve said purposes. For the tasks that the CAI will have to carry out, it will have the participation of representatives of the different regions of the country, of the 200 associated with Asofom.

One of the main goals will be to identify expansion opportunities for Mexican sofomes, which he says have an appetite to explore new markets in Latin America and the United States.

“This first two-month period we have already had contact with some associations and institutions from other countries and we are measuring the openness that exists to have this interaction”, commented the president of the CAI.

In addition, Nájera indicated that so far, the committee has managed to contact associations established in Peru, as well as an international chamber that brings together 77,000 companies from the American continent.

sebastian.estrada@eleconomista.mx