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Banking and financial systems

Banking and financial systems latest publications

September 12, 2022

Mexico | Troubled shadow banks do not represent a significant risk for the banking system

Recent troubles at some shadow banks show the vulnerabilities of its funding model and could translate into liquidity problems for the sector. However, at present, this situation does not represent a risk for the financial system as a whole.

May 25, 2022

Mexico Banking Outlook. First half 2022

Credit to households has shown greater recovery and is the main impulse for the growth of financing to the private sector, while the weakness of business financing lingers. Likewise, demand deposits maintain their dynamism, while the growth of time deposits remains in red figures.

December 23, 2021

Differentiated recovery of credit and deposits in the face of moderation of the pandemic.

The reduction in COVID-19 cases during October seems to have influenced a heterogeneous boost to credit, while the relevant rise in formal employment and the cycle of monetary tightening were reflected in an incipient change in the trend of term deposits.

October 28, 2021

Mexico | Banking deposits confirmed its strength in August

Fundamentals have been overweighted by Pandemic dynamics when explaining banking deposits, as consumption constrains and precautionary savings have supported sight deposits since March 2020. Going forward, the absence of a winter COVID wave could pave the way to a normalized behavior of consumption and savings.

October 22, 2021

Mexico | Business portfolio lags recovery of total credit, which fell 3.1% in August.

In August 2021, the nominal balance of the current loan portfolio granted by commercial banks to the non-financial private sector fell 3.1% annually (-8.3% in real terms). By credit aggregates, the annual nominal variations were: consumption, -0.3%; housing, 9.4%, and business, -8.4%.

September 14, 2021

Mexico | The recovery of bank credit in July has not yet resulted in annual growth rates

For the third consecutive month, the contraction in the annual growth rate of current portfolio balances to the non-financial private sector has been milder, which reaffirms that total bank credit is on the way to a recovery, although its magnitude differs across portfolios.

September 6, 2021

Mexico | Monthly Report on Banking and the Financial System. September 2021

Households did not consolidate their spending pattern and increased their liquid balances again in June, while bank credit reduced the magnitude of its contraction, falling 6.1%.

August 20, 2021

Mexico | Bank lending falls 6.1%, a decline of a lesser magnitude than in previous months

A milder contraction in the annual growth rate of outstanding balances for the second consecutive month provides encouraging signs that the negative impact of the pandemic on banking credit has moved past its worst point and could be on a recovery path.