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Mexico | Traditional bank deposits register a short-term rebound May 22, 2020 In March 2020, the nominal annual growth rate of traditional bank deposits (demand + term) was 13.9% (10.9% real), showing an unusual increase compared to the result observed in February (when it registered nominal growth of 5.8%) and in March 2019 (month in which it grew 7.7%).
Mexico | Rebound in credit to the private sector reflects the depreciation of the Peso May 15, 2020 In March 2020, the balance of current credit granted by commercial banks to the private sector grew at a nominal annual rate of 10.5% (7.0% real), almost 5.0 percentage points (pp) above the rate observed the previous month (5.4%), but less than the nominal rate of 11.1% registered in March 2019.