Mexico | Monthly Report on Banking and the Financial System. February 2020

Summary

At the end of the first half of 2019, the balance and number of total credit card customers increased. Payroll credits recovered dynamism in 2019 due to an increase in the amount of loans granted. The value of production in the construction industry fell by 4.3% in 2019.

Key points

• Key points:
• In 2019, the average nominal growth of bank credit to the non-financial private sector was 8.4%
• The average growth in traditional bank deposits in 2019 is the lowest in the last five years
• Stagnation in the finance and insurance sector
• The price of risky assets sank as the Coronavirus spread globally

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