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Mexico | Monthly Report on Banking and the Financial System. April 2021

Published on Wednesday, April 7, 2021 | Updated on Friday, April 9, 2021

Mexico | Monthly Report on Banking and the Financial System. April 2021

Total credit granted to the non-financial private sector remains weak. It dropped again in January and was widespread across the country according to regional data as of 4Q20. Total deposits remained strong in annual terms in spite of a seasonal drop at the beginning of the year.

Key points

  • Key points:
  • MXN 5,300 is the breakeven point to increase the probability of saving, according to the CNBV
  • Why didn't business liquidity risks turn into insolvency risks despite recession?: BIS Bulletin
  • Cyclical rotation in financial markets continued as long-term yields picked up further in line with the narrative of a gradual but uneven recovery
  • Financial authorities advanced in the implementation of the program set to support migrants

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