Mexico | Business loans continue to be the main source of bank credit expansion
Published on Tuesday, November 27, 2018 | Updated on Wednesday, November 28, 2018
Mexico | Business loans continue to be the main source of bank credit expansion
Summary
In September 2018, the nominal annual growth rate of the balance of the current loan portfolio granted by commercial banks to the private sector was 11.2% (5.9% real). This rate was equal to the previous month and lower than the same month of 2017 (12.2%).
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Authors
Francisco Javier Morales
Mariana Angélica Torán
BBVA Research - Principal Economist
Sirenia Vázquez
BBVA Research - Principal Economist