Mexican and Argentine Banks Fall Short

Mexican and Argentine Banks Fall Short

Mexico Corporate & Sovereign Strategy

The only banks to do very badly in this year’s LatinFinance sustainable banking study in association with Madrid-based consultancy Management & Excellence (M&E) are Mexico’s Inbursa – part of Carlos Slim’s empire – with a very low CSR score, and state run Banco de la Nacion Argentina (BNA), which ranks very low for governance. BNA is the only bank to receive zero points in all areas of human resource compliance with international standards, including International Labor Organization guidelines a

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