Bank deposits: with accelerated growth in April

Summary

In April 2014 the nominal annual growth rate of traditional bank deposits (demand + term) was 12.8%. This is the highest rate of growth so far this year (March 10.4%, February 7.6%, and January 7.5%), and is higher than the same month in 2013 (7.3%). Thus, traditional bank deposits show signs of acceleration, driven mainly by demand deposits, a segment which contributes with 9.9pp of growth (compared to the 2.9pp contribution of term deposits)

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