Searcher
Iván Martínez Urquijo
Iván Martínez Urquijo
Senior Economist
Mexico City

•B.A. in Economics, Instituto Tecnológico Autónomo de México (ITAM)  

•MsC in Finance, ITAM

•Diploma in Econometric Models, ITAM

Latest publications

May could represent a turning point in the dynamics of credit to the NFPS, with a smaller contraction than the one in April and a better performance of the portfolios that comprise it. An improvement in the activity and employment indicators in the medium term would consolidate a better performance in the credit market.
Slightly more than half of the upturn in bank deposits between February 2020 and April 2021 can be explained by the increase in demand deposits from individuals. How much longer will this trend last? The answer will be known in the coming months. However, May data give us a hint.
Banco de México reiterated the resilience of the financial system in the face of the adverse shock of the pandemic, as credits granted remain weak (-8.8% YoY in April) and levels of bank deposits remain close to historical highs.