Fobaproa the FONAPRE ("Fondo de Apoyo Preventivo a las Institiciones de Banca Múltiple" or "Fund of preventive support to banking institutions") was founded to preserve the financial stability of banks, with the government having banks as trustees. By 1987, a parallel finance industry had been created with brokering firms, investment societies etc. To continue attracting investors, interest rates increased at the Bolsa Mexicana de Valores, and with the crash in the New York Stock Exchange, the national banking system was deeply affected and another devaluation came as a result. In 1990, in an attempt to prevent situations similar to those of
Academia Mexicana de Genealogía y Heráldica Academia Mexicana de Genealogía y Heráldica The Academia Mexicana de Genealogía y Heráldica ("Mexican Academy of Genealogy and Heraldry") is a cultural institution based in Mexico City, Mexico. It has a unique position in being an independent, privately funded institution led by eminent historians, enthusiasts in the Genealogical and Heraldic Sciences whose purpose is to promote the creation, enjoyment and appreciation of the after mentioned sciences through research, essays, colloquiums, courses, exhibitions, education and debate. The "Academia Mexicana de Genealogía y Heráldica" has its origin in the "Academia Hispanoamericana de Genealogía y Herádica", established in Mexico City in 1921 by