Searcher
Gerónimo Ugarte Bedwell
Gerónimo Ugarte Bedwell
BBVA Research - Principal Economist

Gerónimo Ugarte Bedwell is a Principal Economist at BBVA Research Mexico, focusing mainly on Banking and Financial System topics.

Gerónimo has a BA in Economics from Instituto Tecnológico Autónomo de México (ITAM), a Master´s in Economics from Universitat Pompeu Fabra, and conducted his PhD in Economics studies at Tel Aviv University.

Additionally, Gerónimo was awarded the National Award in Economics of the Colegio Nacional de Economistas and has been a professor of Economics (Microeconomics and Macroeconomics) at the FCA postgraduate studies unit of Universidad Nacional Autónoma de México (UNAM). Besides that, he has participated as a speaker in international academic fora on the areas of Social and Economic Networks and Uncertainty Theory.

Latest publications

In February 2024, the balance of traditional bank deposits (sight + term) registered a real annual growth rate of 5.8%, while the balance of the current credit portfolio granted by commercial banks to the non-financial private sector (NFPS) recorded a real annual growth of 5.1%.
Though nearshoring represents a great opportunity for the Mexican economy, it requires an environment that guarantees the reduction of logistic and production costs characterized by legal certainty, financial facilities and economic policies that align the incentives of foreign investors and national actors.
In January 2024, the balance of traditional bank deposits (sight + term) registered a real annual growth rate of 4.3%, while the balance of the current credit portfolio granted by commercial banks to the non-financial private sector grew 4.9% annually in real terms.