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Published on Thursday, May 3, 2018

Mexico | Credit to the private sector closes 1Q18 with a year-on-year growth of 11.1%

Summary

In March 2018 the balance of credit facilities in force granted by commercial banks to the private sector grew at a nominal annual rate of 11.1% (5.7% in real terms), 1.0 pp below the rate seen in the previous month (12.0%) and 3.9 pp below the March 2017 figure (15.0%).

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180503_Mexico_Credito_Mar18

Spanish - May 3, 2018

Authors

FM
Francisco Javier Morales
MT
Mariana Angélica Torán BBVA Research - Principal Economist
SV
Sirenia Vázquez BBVA Research - Principal Economist
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