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

Summary

Commercial banking leads intermediation of deposits and credit to the private sector. In the first quarter of 2020, the percentage of companies that received bank credit increased. Commercial banking has the solvency required to continue granting credit and overcome possible losses.

Key points

• Key points:
• Effect of the exchange rate boosts the dynamism of bank credit to the private sector
• Bank deposits show a rebalance toward liquid instruments
• The mortgage burden on households in Mexico remains stable
• Risk asset price recovery in the face of lower global volatility. The Mexican peso was the most appreciated currency in May
• Banxico issues regulations stemming from measures announced on April 21

Geographies

Topics

Tags