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Mexico | Bank deposits: less dynamism due to lower growth in its term segment

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In June 2017 the nominal annual growth rate of traditional bank deposits (demand + term) was 10.8%, 0.8 percentage points lower than the previous month and 3.6 percentage points lower than the same month of the previous year

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Geographies:Mexico
Topics:Banks

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Mexico | Remittances increase by 9.4% in July, but decrease in real terms

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We estimate that for the second half of 2017, the receipt of remittances will continue to grow in dollars albeit at a more moderate pace than in the first half-year, but the actual amounts in pesos to reach households in Mexico will be lower in comparison to the previous year due mainly to the appreciation of the peso

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Geographies:Mexico
Topics:Migration

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Mexico | Credit to the private sector maintained moderate growth with a rate of 12.7%

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In July 2017, the balance of current credit granted by commercial banks to the private sector grew at a nominal annual rate of 12.7% (5.9% real), 1.1 percentage points lower than the rate observed in the previous month (13.8%) and 4.4 percentage points below that registered in July 2016 (17.1%)

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Geographies:Mexico
Topics:Banks

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