Mexico | Credit to the private sector closes 1Q18 with a year-on-year growth of 11.1%
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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- Mexico
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- Banks
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Authors
Francisco Javier Morales
Mariana Angélica Torán
BBVA Research - Principal Economist
Sirenia Vázquez
BBVA Research - Principal Economist
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