Mexico | Monthly report on banking and the financial system. August 2026.

Summary

In June 2026, bank deposits and lending in Mexico showed greater momentum, driven by time deposits and consumer credit. Growth in outstanding credit recorded its highest rate of the year (3.0% in real annual terms), while deposit growth accelerated to 3.1% in real annual terms.

Key points

• Key points:
• Traditional bank deposit showed increased momentum in June, driven by time deposits.
• Credit regained momentum at the end of 2Q, although signs of moderation persist.
• Slower growth in savings and financing during the first quarter of 2026
• What lies beneath the recent hike in long term rates?

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