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Mexico | Monthly Report on Banking and the Financial System. November 2021

Published on Friday, November 5, 2021 | Updated on Thursday, November 11, 2021

Mexico | Monthly Report on Banking and the Financial System. November 2021

Housing credit from commercial banks registered better granting conditions and a recomposition in their destination, while the automotive segment showed a drop in real terms, despite offering better conditions on both terms and interest rates. Business credit fell 3.1% YoY during August.

Key points

  • Key points:
  • Bank deposits were stronger than expected in August.
  • Business credit exhibited a YoY contraction for all productive activities.
  • During 2020, electronic transfers and correspondent banks increased, in parallel with a reducition in the number of branches.
  • Higher-than-expected corporate reports maintain risk appetite despite the increase in prices.

Associated documents for downloading

  • Report (PDF) MensualBanca_Nov21_FINAL_EN.pdf English November 11, 2021
  • Report (PDF) MensualBanca_Nov21_FINAL.pdf Spanish November 11, 2021

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