On December 23, 2025, Mexican President Claudia Sheinbaum met with Jane Fraser, CEO of Citi, at the National Palace in Mexico City to discuss Mexico’s positive economic outlook and the bank’s long-term commitment to the country.
Mexico City — President Claudia Sheinbaum welcomed Jane Fraser, Chief Executive Officer of Citi, to the National Palace on Tuesday, December 23, 2025, for a high-level meeting focused on Mexico’s economic prospects. The encounter came just days after regulators approved the sale of a minority stake in Banamex, Citi’s Mexican subsidiary, underscoring the importance of the bank’s continued presence in the country.
Sheinbaum described Fraser as “a great woman” and emphasized the constructive nature of their dialogue. Both leaders highlighted Mexico’s positive economic outlook, pointing to stable growth forecasts, strong investment flows, and the government’s commitment to fiscal responsibility. Fraser, in turn, reaffirmed Citi’s confidence in Mexico, noting that the bank has operated in the country for more than a century and considers it one of its most strategic markets.
According to Citi, Fraser expressed gratitude for Sheinbaum’s support of the financial sector and reiterated the institution’s pledge to expand services and investment in Mexico. The meeting also touched on the broader role of the Interoceanic Corridor of the Isthmus of Tehuantepec and other infrastructure projects in boosting competitiveness and attracting foreign capital.
The discussion reflects Sheinbaum’s broader effort to strengthen ties with international investors and reassure markets about Mexico’s stability. With Banamex’s restructuring underway, Citi’s leadership signaled that Mexico remains central to its global strategy.
The meeting concluded with optimism, as both Sheinbaum and Fraser agreed that Mexico’s economic fundamentals position the country for sustained growth in 2026 and beyond.
Source: El Universal
