Mexico | The rebuilding of bank deposits towards demand deposits continues
Published on Friday, April 23, 2021
Mexico | The rebuilding of bank deposits towards demand deposits continues
Summary
Traditional bank deposits (sight + term) continued to grow in February, supported by the sight segment and despite the fall in the balance of time deposits during the last ten months. However, within sight deposits, there were changes in terms of their sources of growth.
Key points
- Key points:
- Demand deposits continued to grow influenced by greater demand for liquidity, particularly from the public sector
- Term deposits continue to fall, except for business deposits
- Debt Investment Funds continued to slow down
- Net Internal Financial Assets show greater dynamism, despite the fall in the holdings of non-residents
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
Authors
Luis Antonio Espinosa
Iván Martínez Urquijo
BBVA Research - Principal Economist
Mariana Angélica Torán
BBVA Research - Principal Economist
Gerónimo Ugarte Bedwell
BBVA Research
Documents and files
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