How much will Bancomer put in, and how much will come from the IPAB?
That’s the gross figure that will be required to clean up the bank. I think the total figure that we will put in is probably $500 million. Q: The IPAB will put in another $1 billion to $1.5 billion? A: Yes. Q: Are there other banks that could need rescuing? A: The only thing I can say is that I don’t think the Serfin situation came as a surprise. I don’t think there was any doubt among the analysts and the markets. The market has a reasonably good reading of what’s going on. I don’t think there will be surprises. Q: What are the most urgent priorities for the IPAB and the Finance Ministry? A: The most urgent is to clean up the situation. A general task for both the authorities and the intermediaries is to try to envision what kind of a financial system Mexico requires going forward. We need to have a vision. Q: What is that vision? A: I think we should look at what other countries have done, what seems to be working for them. I continue to think that the Spanish or Canadian model could
