Fernando Balbuena
Fernando Balbuena
Senior Economist

Fernando Balbuena is Senior Economist at BBVA Research Mexico since 2009. He is in charge of the economic and financial analysis of the real estate sector and the construction industry.

Previously, he worked as Economist in the Economic Development Department of the Economic Commission for Latin America and the Caribbean (ECLAC) of the United Nations Organization (UNO), where he was in charge of the analysis and design of macroeconometric models for the countries of Central America and the Caribbean.

Fernando holds a BA in Economics from the National Autonomous University of Mexico (UNAM) and a MA in Finance from the School of Engineering of the same University. Participates as a speaker in academic conferences and forums related to the housing sector in Mexico.

Latest publications

National Corporate Financing Survey (ENAFIN 2018). The International Monetary Fund (IMF) updates its Global Financial Stability Report. Real estate services grow 1.3% in the first half of 2019.
Mexico’s Banking and Securities Commission (CNBV), publishes its financial access report. New Digital Collection Scheme (CoDi) comes into operation. 1H19 saw the national producer price index in the construction sector grow by 3.1%. Expectations of lower commercial tensions support risk assets.
Personal loans slow down, with lower average origination figures and higher interest rates in 2019. The share of customers who pay in full each month has grown in both the number of credit cards and the balance of credit granted. Banks granted better conditions for auto loans in 2018.