Mr. Garcia's first public post, during the late 1960's, was as manager of a state-run agricultural bank.
That message is meant to encourage state-run banks - still unused to making loans to individuals - to venture into the mortgage business.
It has had difficult financial times, and the government seized control in January 2006 to stabilize the situation, making it a state-run bank.
Mexico sold the last of its 18 state-run banks, marking the end of a lucrative privatization program.
But Citigroup now appears likely to be the first foreign company to gain control of a Chinese state-run bank.
Chinese state-run banks stopped advancing loans, Chinese news media reports said.
Should depositors lose confidence in China's state-run banks, which depend on the nation's 40 percent savings rate to function, the financial system could falter.
He dismissed the managers of seven state-run banks this week.
The national airport remained closed and state-run banks were shuttered.
The status was resumed to that of a state-run commercial bank.