Mexico | Monthly Report on Banking and the Financial System. February 2020
Published on Monday, March 2, 2020 | Updated on Saturday, March 7, 2020
Mexico | Monthly Report on Banking and the Financial System. February 2020
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
Documents to download
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Authors
- Fernando Balbuena
- Iván Martínez UrquijoBBVA Research - Principal Economist
- Francisco Javier Morales
- Carlos SerranoBBVA Research - Chief Economist
- Mariana Angélica ToránBBVA Research - Principal Economist
- Gerónimo Ugarte BedwellBBVA Research - Principal Economist
- Samuel VázquezBBVA Research - Principal Economist
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
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