December 9, 2021
Credit latest publications
We share the conclusion reached by the FSR regarding the soundness of the financial system and we agree with the idea that some institutions of the banking system - none of systemic importance - may still have solvency problems, although this does not put the banking system at risk. as a whole.
The banking system maintains solid capital and liquidity levels that allowed it to weather the effects of the pandemic and will help sustain a more vigorous financing recovery. The nominal growth of financing to the Non-Financial Private Sector recovered 7.2 percentage points between April and September.
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.
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%.
Unlike in previous crises, lending has not slowed down during the pandemic—at least not in all segments— with a fall in household loans, but a big increase in corporate lending.
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.
May could represent a turning point in the dynamics of total credit to the non-financial private sector, with an aggregate contraction smaller than the one experienced in April and a better performance by portfolios, while bank deposits also showed signs of a change in trend in its dynamics.