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Published on Thursday, March 18, 2021

Mexico | Credit to the non-financial private sector with second decline in nominal terms

Summary

In January 2021, the balance of current credit granted by commercial banks to the non-financial private sector once again registered an annual fall in nominal terms, which was -1.3% (-4.6% in real terms), practically the same as that observed in December (-1.2%).

Key points

  • Key points:
  • The current balance of the business loan portfolio begins the year with a fall of 1.3%
  • The contraction of consumer credit spread to all segments
  • Housing loans were the only portfolio that maintained its dynamism

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Topics

Documents and files

Report (PDF)

Mexico_Credito_Ene21.pdf

Spanish - March 18, 2021

Authors

LE
Luis Antonio Espinosa
IM
Iván Martínez Urquijo BBVA Research - Principal Economist
MT
Mariana Angélica Torán BBVA Research - Principal Economist
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