Mexico | Monthly Report on Banking and the Financial System. July 2019

Summary

Update of financial savings and financing indicators in Mexico. Credit limit raised by INFONAVIT. Market performance supported by expected interest rate cuts. Reports by Sociedades de Información Crediticia (Credit bureaus). Information received by SIC from financial institutions.

Key points

• Key points:
• Reduced business finance to companies reduces the growth rate of total credit to one-digit levels
• Nominal growth of traditional bank deposits has been at its lowest level since the end of 2013

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