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Financial reform in Mexico ranks as one of President Enrique Peña Nieto's most ambitious initiatives. The measures seek to change a system that has left a large swath of the country without access to banking services. Reform should result in greater transparency and competition in the banking sector, and may see the arrival of new, smaller financial players seeking to take advantage of a new phase in the history of banking in Mexico. But change will not be immediate, and the reform process could be lengthy.

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