Mexico | Monthly Report on Banking and the Financial System. July 2019
Published on Monday, July 29, 2019 | Updated on Thursday, August 1, 2019
Mexico | Monthly Report on Banking and the Financial System. July 2019
Summary
Update of financial savings and financing indicators in Mexico. Credit limit raised by INFONAVIT. Market performance supported by expected interest rate cuts. Reports by Sociedades de Información Crediticia (Credit bureaus). Information received by SIC from financial institutions.
Key points
- Key points:
- Reduced business finance to companies reduces the growth rate of total credit to one-digit levels
- Nominal growth of traditional bank deposits has been at its lowest level since the end of 2013
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
Authors
Fernando Balbuena
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
Samuel Vázquez
BBVA Research - Principal Economist
Documents and files
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