Banks latest publications

September 16, 2020

Uruguay | Promising changes in monetary policy will help lower inflation

The rate of inflation in Uruguay has dropped significantly in recent decades but still remains high. The Monetary Policy Committee announced that it will use the interest rate as an instrument of monetary policy and set it at 4.5% per year. It also ratified the new target range of 3% to 6% from September 2022.

September 11, 2020

Mexico | Credit to the non-financial private sector continues to slow down

In July 2020, the balance of current credit granted by commercial banks to private sector grew at a nominal annual rate of 4.9% (1.3% real), lower than the nominal rate observed the previous month (6.5%) and the nominal rate of 8.6% registered in the same month of 2019, reducing its dynamism for the third consecutive month.

September 2, 2020

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

The financial system maintains its stability, five months after the start of the pandemic, supported by the adequate levels of capitalization and liquidity of the banking system, as well as the special regulatory measures adopted by the financial authorities.

August 26, 2020

Mexico | Total credit and banking deposits slowed down again in June

In June, total credit granted to the private sector and total banking deposits slowed down as the tailwind effects associated with the pandemic (e.g. precautory savings, demand of credit lines) slowly fade and gradually leave the spotlight to the adverse effects of the economic recession.

August 24, 2020

Spain | Credit: necessary condition but it is not sufficient

Nowadays, unlike in the 2008 global financial crisis, there is no credit crunch which would make the economic recovery more difficult. This time, what's happening to credit?

August 17, 2020

Spain | Household financial vulnerability: between dystopia and fable

The COVID-19 pandemic is turning society's finances into a mixture of two diametrically opposed worlds, much the same as the tiny Lilliput and the gigantic Brobdingnag from Jonathan Swift's dystopian world in Gulliver's Travels.

August 14, 2020

Peru | August monetary policy meeting with no relevant news

The Central Bank kept in August the policy rate at 0,25%, renewed its commitment to maintain a very ease stance for a prolonged period of time, and underlined its efforts to provide liquidity to the market.
  • Geography Tags
  • Peru

August 5, 2020

Colombia | The financial system as a public policy instrument in the pandemic

The economic situation that the world is facing is different from what we have experienced in the last 70 years. In this crisis, the Colombian financial system entered with strong capital and liquidity positions, which has allowed it to absorb the shock and serve as an instrument for the implementation of public policies.