Mexico | Credit to the private sector: grew 13.3% in September
Published on Tuesday, November 3, 2015 | Updated on Tuesday, November 3, 2015
Mexico | Credit to the private sector: grew 13.3% in September
In September 2015 the balance of outstanding credit granted by commercial banks to the private sector recorded a nominal annual growth of 13.3% (10.5% real), higher than that observed in August 2015 (11.6%) and the same period last year (7.7%). This was a result of higher growth in the three segments of credit, corporate (17.0%), consumer (8.3%) and housing (13.0%)