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Stock impact report

Banco Santander México Provides Business Update

Banco Santander Mexico, S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (BSMX) 
Company Research Source: PR Newswire
MEXICO CITY, April 13, 2020 /PRNewswire/ -- Banco Santander México, S.A., Institución de Banca Múltiple, Grupo Financiero Santander México (BMV: BSMX; NYSE: BSMX) ("Banco Santander México" or the "Bank"), one of Mexico's leading banking institutions, provided today an update on the initiatives the Bank is implementing in response to the COVID-19 pandemic and with respect to current Government support programs. The Bank also announced today selected preliminary first quarter results and is withdrawing its 2020 full year guidance given the uncertainty and lack of visibility resulting from the unprecedented COVID-19 pandemic and related disruption to Mexican, regional and global economic activity."As we face this unprecedented global health crisis we are focused on implementing three key priorities: ensuring the health of our employees, ensuring the wellbeing of our customers, and further strengthening the continuity of our business," said Héctor Grisi, Executive President and CEO. "Our Show less Read more
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