Catemaco banking

There is one inept office of Bancomer in Catemaco, and 3 other banks have ATM machines, one of which, Banorte, has a permanent cash shortage.

For any serious bank action you get to visit San Andres Tuxtla. There you learn that to do any serious banking, maybe Veracruz can help you, or maybe Puebla, but more than likely Mexico City.

That behemoth of neoliberalism, Walmart, known in Mexican financial circles as Walmex, just received approval to start banking in Mexico.

Personally, in my book, Walmart has not added anything special to Mexican retailing, except for putting spikes up the butts of Mexican national chains, and fooling their shoppers with their "lowest prices" campaign. Perhaps they will do the same to local banking, because all of the Mexican banks need a very LARGE spike .

Curiously, there is only one major bank remaining in Mexican hands. All others are multinational conglomerates, whose overseas or US customers would probably start a revolution over the local fees and inept handling of accounts.

So sorry to say, Muy Bienvenido "Banco Wal-Mart de Mexico Adelante".

What a name!