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Mexico | Less dynamism in bank deposits in June influenced by demand deposits

Published on Monday, August 19, 2019 | Updated on Tuesday, August 20, 2019

Mexico | Less dynamism in bank deposits in June influenced by demand deposits

During the month of June, the weakness of the economy once again influenced the growth in the deposits of the banking system. Similarly to the last months, low growth rates of demand deposits predominated over double-digit growth rates of term deposits.

Key points

  • Key points:
  • Slowdown of demand deposits to its historical minimum level due to a widespread reduction in the growth of its components
  • Growth in term deposits picks up at its highest level of the year
  • Withdrawal of the US tariff threat positively influences the deposits of debt investment funds
  • The growth of Net Internal Financial Assets is reduced in June

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