Financial Systems

Financial Systems latest publications

July 9, 2021

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

Banco de México reiterated the resilience of the financial system in the face of the adverse shock of the pandemic, as credits granted remain weak (-8.8% YoY in April) and levels of bank deposits remain close to historical highs.

August 3, 2020

Mexico | Monthly Report on Banking and the Financial System. July 2020

CNBV designates commercial banking institutions of local systemic importance. BIS annual economic report. The origination of mortgage financing from banks fell 18.2% in real terms. Adverse economic effects of the COVID-19 outbreak in the US slows down the recovery of financial markets at the end of July.

December 2, 2019

Market Comment | Fresh trade concerns

Early equity optimism in Europe driven by the positive manufacturing data from China was erased amid new trade concerns, political risk in Germany and worse-than-expected US manufacturing data.

October 10, 2019

Capital Flows to Emerging Markets

The Capital Flows to Emerging Markets are normally associated to positive consequences but unfortunately can have perverse effects when they slow down or suddenly stop. A simple model of “Pull & Push” factors can be useful to understand the driver behind the capital flows to EMs both in the past and in the future.

August 2, 2018

Integrating sustainability into the financial system

“It’s a common defect of men to overlook the storm during the calm.” N. Machiavelli.

May 16, 2018

A new roadmap for European FinTech: Have we gone far enough?

The European Commission has presented an Action Plan to promote innovation in the financial sector, setting the roadmap for fintech in Europe. Most initiatives are positive for the EU financial market, but more ambition is needed if Europe aims to become a global fintech hub.

March 29, 2017

Banking Outlook. March 2017

In this issue we review: Trends and developments in the Spanish banking sector. Spanish banks’ ROE, COE and P/BV ratio. Evolution of the financial burden of families in Europe. Management of non-performing assets in Europe. Peru: deposits in soles and exchange rate expectations.

February 27, 2017

Convergencia en la carga financiera familiar: tipos y desapalancamiento factores clave

La literatura económica indica que la carga financiera es un importante predictor del sobreendeudamiento de las familias, y se señala el nivel del 20% de la renta disponible de la unidad familiar como un límite crítico.