Published on Thursday, June 15, 2023 | Updated on Monday, June 19, 2023

Mexico | Monthly Report on Banking and the Financial System. June 2023

In April 2023, the balance of the current credit portfolio granted by commercial banks to the non-financial private sector registered real YoY growth of 5.1% (11.6% nominal), while the balance of traditional bank deposits registered real YoY growth of 0.2% (6.4% nominal).

Key points

  • Key points:
  • The real balances of performing business credit decreased their dynamism in April.
  • Term deposits were the main source of growth for traditional bank deposits in April.
  • Basic credit indicators show increases in real terms for the consumer and housing portfolios.
  • Increase in the interest rate in an environment of economic growth, explains the recent change in the composition of financial savings in Mexico.
  • Gradual alignment of market expectations following the more restrictive projections of the FED. The Mexican peso, at its strongest level since 2015.

Documents to download



New comment

Be the first to add a comment.

Load more

You may also be interested in