Mexico | Monthly Report on Banking and the Financial System. November 2019
Published on Friday, November 29, 2019 | Updated on Thursday, December 5, 2019
Mexico | Monthly Report on Banking and the Financial System. November 2019
Summary
The International Monetary Fund (IMF) has reported on the results of the annual assessment of the Mexican economy for 2019. The IMF approves a new flexible credit line for Mexico. Commercial banking contributed to growth in 1H19. Adjustments for securities operations. Amendments for bank correspondents.
Key points
- Key points:
- Optimism about the Phase 1 trade agreement between the US and China dominates stock markets. Prices in other markets suggest the need for some caution
- Bank credit for the private sector stabilizes at a single-digit growth rate
- Economic weakness affects the performance of bank deposits
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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