Mexico | Business loans continue to be the main source of bank credit expansion
Published on Tuesday, December 11, 2018 | Updated on Wednesday, December 12, 2018
Mexico | Business loans continue to be the main source of bank credit expansion
In October 2018, the nominal annual growth rate of the balance of the current loan portfolio granted by commercial banks to the private sector was 11.8% (6.5% real). This rate was greater to the previous month (11.2%) and lower than the same month of 2017 (12.5%).