Bankaool opens new Business Center in Cuernavaca

Bankaool has opened its first Business Center in Cuernavaca, Morelos, as part of a national expansion strategy. Located in the Vista Hermosa neighborhood, the center aims to support the local productive sector by combining traditional banking services with coworking spaces and meeting rooms for business encounters.

Leonardo Herrera, Commercial VP of Bankaool, noted that the decision to enter Morelos was driven by the state's diversified economy, which includes tourism, manufacturing, commerce, and services. The center is intended to serve as a link between the local business ecosystem and Mexico City.

During its initial operational phase in Morelos, the bank projects it will mobilize 3 billion pesos through deposits and financing. Additionally, the institution plans to facilitate up to 100 million dollars in foreign exchange transactions for regional companies during its first year to help connect local projects with international markets.