Published on Wednesday, September 23, 2020
Mexico | Demand deposits from individuals grew again in July
Summary
Bank deposits in July maintained the trend observed during the last two months. The balance of the bank's traditional deposits was lower in July compared to the previous month, both in its demand and in its term segments, in real terms.
Key points
- Key points:
- Total savings by individuals in July decreased compared to last month despite the continued growth of balances in the sight segment
- After the rise derived from the provision of credit lines, the balance of bank deposits of companies fell for the third consecutive month
- Deposits in investment funds decreased in July due to lower expectations of price gains and lower savings capacity
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
Documents and files
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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