Searcher

Mexico | Slight rebound in traditional deposits in April, supported by term deposits

Published on Tuesday, June 18, 2019 | Updated on Wednesday, June 19, 2019

Mexico | Slight rebound in traditional deposits in April, supported by term deposits

The combination of weak economic activity and high short-term interest rates maintain low growth over demand deposits, the main component of traditional deposits.

Key points

  • Key points:
  • The low dynamism of demand deposits is explained, among others, by the lower rate of expansion of economic activity and the external sector
  • The growth of April term deposits (14.5%) reflects the favorable performance of all its components
  • The low growth of the shares of the Debt Investment Funds will persist as long as the bank interest rates are high
  • The growth of the Net Internal Financial Assets of April 2019 is the lowest recorded in the year

Geographies

Topics

Has this information been useful?

New comment

Be the first one to add a comment

Load more

You may also be interested in