Published on Wednesday, February 9, 2022 | Updated on Wednesday, February 16, 2022

Mexico | Monthly Report on Banking and the Financial System. February 2022

In November 2021, the balance of traditional bank deposits decreased at a nominal annual growth rate of 5.1%, the highest rate recorded since March this year. For its part, the current credit portfolio by commercial banks to the non-financial private sector (NFPS) grew 3.0% annually.

Key points

  • Key points:
  • The performance of term deposits limited a greater recovery of traditional bank deposits during the month of November 2021.
  • In November 2021, bank credit to the non-financial private sector grew 3.0% nominal, which implied a lower real contraction than in previous months.
  • The tightening of financial conditions poses a challenging scenario for emerging countries: IMF.
  • A tug of war between the strength of the economy and the effect of FED's tightening cycle brought volatility to markets in January.

Documents to download


New comment

Be the first to add a comment.

Load more

You may also be interested in