Mexico | Signs of change in the recent dynamics of sight and term deposits
Published on Thursday, September 12, 2019 | Updated on Friday, September 13, 2019
Mexico | Signs of change in the recent dynamics of sight and term deposits
Summary
Sight deposits hiked to 5.7% (YoY), while term deposits slowed down to 12.9% (YoY), influenced by possible signs of change in savings dynamics.
Key points
- Key points:
- Deposits in Debt Mutual Funds in July driven by low global risk aversion and a poor performance of the local stock index
- Growth of Net Internal Financial Assets at its lowest level since 2009
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
Authors
Iván Martínez Urquijo
BBVA Research - Senior Economist
Francisco Javier Morales
Mariana Angélica Torán
BBVA Research - Principal Economist
Documents and files
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