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Financial education latest publications

June 24, 2019

How is the level of financial literacy of Mexicans?

On April 12, the Mexican National Banking Commission (CNBV) published the level of financial literacy of Mexicans in 2018, which was 58.2 out of 100 points. This note describes the main questions related to financial "knowledge", "behaviors" and "attitudes" that were answered incorrectly by more than half of Mexicans.

April 29, 2019

Pension system in Spain: proposal of three indicators

BBVA Research proposes the creation of 3 monthly updatable indicators that help to understand the evolution of the Spanish pension system and the problems that arise. The first indicator deals with "financial sustainability (ISF)." The second indicator is "benefit rate," while the third indicator measures the public's senti…

December 29, 2018

Financial Inclusion: No Significant Progress

At the end of last month, the results of the third Mexican National Survey for Financial Inclusion—one of the most comprehensive financial inclusion surveys in the world—were released by the Mexican Office for the Treasury and Public Credit, the Mexican National Banking and Securities Commission and INEGI (Instituto Naciona…

December 21, 2018

Mexico | ENIF 2018: 63.2% of Mexicans use informal savings, 70.2% use informal credit

The main results of ENIF 2018 (the National Survey on Financial Inclusion 2018) are being presented, and the situation and challenges that the government of AMLO and the financial institutions will face with regards to inclusion and financial education. 47.1% of the population has a bank or financial account (savings), 31.1…

May 19, 2017

Experience of Student in Money Matters: PISA perspective

According to the results obtained from PISA Financial Literacy, students usually talk weekly or monthly about money matters, and the deal is greater with adult relatives than with their friends. Even so, there are differences among countries, both in frequency and conversational partner.

September 19, 2016

The self-confidence effect on financial acumen

The formation of a new government in Spain and the current composition of Congress, where no party has a clear majority, has left Spaniards wanting the political parties to reach a consensus on the important issues of the day.

October 15, 2014

The effect of self-confidence on financial literacy

This study analyses whether self-confidence affects financial abilities of young people in Spain, through financial literacy. We use data from the Programme for International Student Assessment (PISA) Financial Literacy (2012) report, conducted by the OECD. Our hypothesis is that non-cognitive factors are important to estab…