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Mexico | Monthly Report on Banking and the Financial System. March 2017

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Businesses are finding the environment less favourable in terms of accessibility to banking finance and its cost. IMF publishes a study on financial depth in Mexico. Update of the housing price index at the close of 2016. Better-than-expected US economic data sustain risk appetite; the peso appreciates, underpinned by the measures taken by Banco de México

Units:
Geographies:Mexico
Topics:Banks

At the end of 2016, growth in lending to the private sector was losing dynamism

Bank deposits lost momentum because of slower growth in both their components (sight and term)

Amendments to Circular 3/2012 on participation in clearing houses, addressed to credit institutions, Financiera Rural and Financiera Nacional de Desarrollo Agropecuario, Rural, Forestal y Pesquero (state-owned rural development banks)

Distribution of subsidies through basic accounts

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