Army could build 13,000 branches of government’s new bank

The army, which is currently building a new international airport at the site of the Santa Lucía Air Force Base, may be called upon to build bank branches next.

President López Obrador suggested Tuesday that the army could build 13,000 branches of the new Banco del Bienestar (Bank of Well-Being) in less than a year.

“We’re looking at the possibility of military engineers building them . . .” he told reporters at his morning conference. “What’s important to us is to have them, we need the infrastructure.”

To that end, the federal government’s super-delegates in each of the states and Mexico City are seeking land on which to build the branches.

“. . . We don’t want them to be in marginal spaces, we want them to be a respectable office, a real bank. It’s going to be the bank with the best infrastructure in the whole country,” the president said.

López Obrador emphasized the importance of the bank as a more secure means to deliver government assistance provided through the new Secretariat of Welfare.

“We’ve had some 10 robberies [of resources] and people have lost their lives receiving welfare payments. So we don’t want to use cash, we want to use the [benefits] card in these 13,000 banks.”

Welfare undersecretary Ariadna Montiel reported that around 20 million pesos (US $1.02 million) of government assistance intended for senior citizens was stolen between January and September.

The robberies occurred in Chiapas, Hidalgo, Michoacán, Guerrero and Oaxaca.

The new bank replaces the federally-owned Bansefi.

Source: El Financiero (sp)

Have something to say? Paid Subscribers get all access to make & read comments.
CAZZU

From celebrity custody battle to Congress: Cazzu’s Law seeks to prevent absent parents from blocking children’s travel

0
Requiring both parents to approve their child's travel is meant to prevent parental kidnapping. But it is often used by absent fathers to control both their child and ex.
street dog curled up next to a mexican road in morelos

After a Mexico City suburb euthanized 11,000 street dogs, Sheinbaum demands a review

0
The former mayor of Tecamac, México state, now a federal senator, authorized the killings from 2019 to 2023, saying the dogs were in "deplorable" health or proven dangerous.
Volunteers clean tar from a Veracruz beach

After weeks of denials, Pemex admits responsibility for Gulf Coast oil spill

1
Three high-ranking officials have now been fired over the cover-up, and a complaint was submitted to the Federal Attorney General’s Office to determine criminal liability.
BETA Version - Powered by Perplexity