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Mexico | The effects of economic weakness are accentuated over traditional bank deposits

Friday, July 19, 2019

Mexico | The effects of economic weakness are accentuated over traditional bank deposits

The continued decline in the pace of economic activity and the risks in both commercial and economic policy have had an adverse influence on deposits of the banking system, to the point that the nominal growth of the traditional deposits during May 2019 was located at its lowest level since the end of 2013.

Key points

  • Key points:
  • Marginal increase in the growth of sight deposits supported by the segment of persons
  • Growth of term deposits falls for the second consecutive month
  • The low growth in the deposits to debt investment funds is accentuated due to greater economic uncertainty
  • The growth of Net Internal Financial Assets recovers in May

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