Searcher
Alfonso Gurza
Alfonso Gurza
Principal Economist
Mexico City

Alfonso Gurza is Principal Economist in the Mexico Regulation team, in charge of monitoring and analysing regulatory developments and of the Regulatory Committee of BBVA MX.


He holds a BSc in Economics from Mexico’s National Autonomous University and a MSc in Regulation from the London School of Economics.


Previously, he worked at the National Banking and Securities Commission (CNBV) in the development of regulatory projects for different financial sectors and took part in both national and international regulatory workgroups.

Latest publications

The banking system’s capital and liquidity levels remain above regulatory minima. Financing to the private sector regains its dynamism. All the portafolios that make up commercial banking credit to the non-financial private sector have achieved growth in real terms.
Despite the growing popularity of alternatives, cash is still Mexicans' preferred means of payment; this is related to the levels of financial inclusion and informality in the economy.
In June 2022, the nominal balance of the current credit portfolio granted by commercial banks to the NFPS grew 11.1% annually (2.9% real), while traditional bank deposits registered a nominal growth rate of 10.2% (2.1% real), maintaining the growth rate observed in the last two months.