Mexico | Monthly report on banking and the financial system. May 2025.

Summary

In March, outstanding credit granted to the non-financial private sector maintained double-digit growth, supported by corporate lending. Traditional banking deposits growth (sight+term) accelerated aunderpinned by public sector resources.

Key points

• Key points:
• Traditional bank deposits regained momentum, driven by demand deposits from the public sector.
• The advance of purchases due to US tariffs could explain the strength of corporate credit.
• Does the US-China trade truce change significantly the outllook?

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