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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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Documents and files

Report (PDF)

Mexico_Credito_Ene21.pdf

Spanish - March 18, 2021

Authors

LE
Luis Antonio Espinosa
Iván Martínez Urquijo
Iván Martínez Urquijo Principal economist for Mexico
BBVA Research
More information
Mariana Angélica Torán
Mariana Angélica Torán Principal economist for Mexico
BBVA Research
More information

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