Mexico | Monthly Report on Banking and the Financial System. January 2020
Published on Friday, January 31, 2020 | Updated on Thursday, February 6, 2020
Mexico | Monthly Report on Banking and the Financial System. January 2020
Summary
Auto lending loses momentum, reflecting weak sales and increased cost of financing. New financial inclusion study with geographical focus. Housing prices rose by 8.4% in the third quarter of 2019. Credit slowdown and divergence among regions.
Key points
- Key points:
- Bank credit to the private sector reported single-digit growth for the seventh consecutive month
- Further slowdown in traditional deposits in the last quarter of 2019
- Signs of recovery in the global manufacturing sector drive demand for risky assets
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
Authors
Alfonso Gurza
BBVA Research - Principal Economist
Iván Martínez Urquijo
BBVA Research - Senior Economist
Francisco Javier Morales
Carlos Serrano
BBVA Research - Chief Economist
Mariana Angélica Torán
BBVA Research - Principal Economist
Gerónimo Ugarte
BBVA Research - Senior Economist
Samuel Vázquez
BBVA Research - Principal Economist
Documents and files
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