Searcher
Luis Antonio Espinosa
Luis Antonio Espinosa
Economist
Mexico City

Luis Antonio Espinosa Carrasco is Economist at BBVA in Mexico. He is part of the work team in charge of analyzing topics of inclusion and financial education, social policy, inequality, poverty and vulnerable groups.

Before joining BBVA research, Luis was in charge of the analysis and research as a coordinator of the Evaluation and financial education department, by collaborating in the development of strategies and instruments for monitoring and evaluation of the Financial Education Program.

He is a graduate of the National Autonomous University of Mexico (UNAM), where he completed a degree in Economics with honors. Additionally, Luis was a research assistant at the Institute of Economic Research (IIEc) in projects with topics related to the global and regional financial system.

Latest publications

Traditional bank deposits (sight + term) continued to grow in February, supported by the sight segment and despite the fall in the balance of time deposits during the last ten months. However, within sight deposits, there were changes in terms of their sources of growth.
During February 2021, the nominal balance of the current loan portfolio granted by commercial banks to the non-financial private sector fell 2.0%. The annual rate reduction in nominal balances was greater than in January (-1.3%), accentuating the downward trend observed since May 2020.
Total credit granted to the non-financial private sector remains weak. It dropped again in January and was widespread across the country according to regional data as of 4Q20. Total deposits remained strong in annual terms in spite of a seasonal drop at the beginning of the year.