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Mexico | Trend change in the annual growth rate of the components of bank deposits

Published on Friday, October 25, 2019 | Updated on Saturday, October 26, 2019

Mexico | Trend change in the annual growth rate of the components of bank deposits

The signal of change in the dynamics of the fundraising of the banking sector was confirmed in August. The beginning of the cycle of cuts by the central bank of the short-term interest rate influenced so that the term deposits grew to its lowest level in almost two years.

Key points

  • Key points:
  • Annual growth of demand deposits rise again and supported by the segment of natural persons. Time deposits continue to slowdown
  • Deposits in Debt Investment Funds maintains double-digit growth for the fourth consecutive month
  • Marginal growth of Net Internal Financial Assets. The growth rate of public securities by foreigners is positive again

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