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Nafinsa Securities, Inc.


Nafinsa Securities, Inc. is a member of NASD, the National Association of Securities Dealers. NASD is a self regulatory organization of the securities industry responsible for the operation and regulation of the NASDQ stock market and over the counter markets. It also administrates exams for the investments professionals, such as the series of 7 exams.

Since 1934 Nafinsa has played a leading role for in the diversification and expansion of Mexico's industrial base in accordance with Mexican social and economic goals. The objectives of Nafinsa is to promote the overall development and modernization of the industrial sector with a regional approach; stimulate the development of financial markets and act as financial agent of the Federal Government in the negotiation, contracting and management of credits from abroad.

Nafinsa carries out its operations in accordance with financing criteria applicable to development banks, channeling its funds mainly through commercial banks and non banking financial intermediaries. The principal sources of Nafinsa’s resources are loans from international development institutions such as the International Bank for Reconstruction and Development and the Inter American Development Bank, lines of credit from foreign banks and the placement of securities in the international and domestic markets.

A fundamental tool for the institutional operation was the incorporation of the use of Internet, that enabled them to make electronic transactions that currently represent almost half the daily development operations this project is an accessible and cheap channel for the integral and massive support of small and medium sized enterprises, stimulating the participation of bank and non bank intermediaries.

They have set new and ambitious goals they shall pursue with efficiency in the year 2002, as is the case of supporting with various instruments 200 thousand enterprises, increase credit to the private sector and introduce unprecedented schemes in the institutional development operation and financial activity.

With the past performance of the company in mind and the expertise and dedication of the management and staff the company is expected go to far greater heights in the near future.

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