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Published on Thursday, September 12, 2019 | Updated on Friday, September 13, 2019

Mexico | Signs of change in the recent dynamics of sight and term deposits

Summary

Sight deposits hiked to 5.7% (YoY), while term deposits slowed down to 12.9% (YoY), influenced by possible signs of change in savings dynamics.

Key points

  • Key points:
  • Deposits in Debt Mutual Funds in July driven by low global risk aversion and a poor performance of the local stock index
  • Growth of Net Internal Financial Assets at its lowest level since 2009

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Documents and files

Report (PDF)

190912_Mexico_Captacion_Jul19.pdf

Spanish - September 12, 2019

Authors

Iván Martínez Urquijo
Iván Martínez Urquijo Principal economist for Mexico
BBVA Research
More information
FM
Francisco Javier Morales
Mariana Angélica Torán
Mariana Angélica Torán Principal economist for Mexico
BBVA Research
More information

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