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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

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Topics

Documents and files

Report (PDF)

190912_Mexico_Captacion_Jul19.pdf

Spanish - September 12, 2019

Authors

IM
Iván Martínez Urquijo BBVA Research - Senior Economist
FM
Francisco Javier Morales
MT
Mariana Angélica Torán BBVA Research - Principal Economist
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