Mexico | Banking deposits: recovering momentum, led by term deposits
Published on Wednesday, July 22, 2015 | Updated on Wednesday, July 22, 2015
Mexico | Banking deposits: recovering momentum, led by term deposits
In May 2015 the nominal annual growth rate for traditional banking deposits (demand + term) was 14.5%, which represented a 0.6pp rise with respect to the previous month and an increase of 2.6pp relative to the same month the year before. This improvement in activity for traditional deposit-taking was driven by a better performance of term deposits