Mexico | Traditional bank deposits in 2019 recorded the lowest growth of the last 5 years

Summary

In December 2019, the nominal annual growth rate of traditional bank deposits (demand + term) was 5.5% (2.6% real), showing a slight recovery from the result observed in November (4.7%), but insufficient to reverse the slowdown observed as of August 2019.

Key points

• Key points:
• Demand deposits lose dynamism due to the slowdown in consumption and sales
• Annual growth rate of term deposits decreases in the last month of the year
• Deposits in Debt Investment Funds consolidates its growth path
• Net Internal Financial Assets improve their performance over the previous year

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