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

Summary

Auto lending loses momentum, reflecting weak sales and increased cost of financing. New financial inclusion study with geographical focus. Housing prices rose by 8.4% in the third quarter of 2019. Credit slowdown and divergence among regions.

Key points

• Key points:
• Bank credit to the private sector reported single-digit growth for the seventh consecutive month
• Further slowdown in traditional deposits in the last quarter of 2019
• Signs of recovery in the global manufacturing sector drive demand for risky assets

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