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    Mexico | Credit to the non-financial private sector with second decline in nominal terms

    Published on Thursday, March 18, 2021

    Mexico | Credit to the non-financial private sector with second decline in nominal terms

    Summary

    In January 2021, the balance of current credit granted by commercial banks to the non-financial private sector once again registered an annual fall in nominal terms, which was -1.3% (-4.6% in real terms), practically the same as that observed in December (-1.2%).

    Key points

    • Key points:
    • The current balance of the business loan portfolio begins the year with a fall of 1.3%
    • The contraction of consumer credit spread to all segments
    • Housing loans were the only portfolio that maintained its dynamism

    Geographies

    Topics

    Authors

    Luis Antonio Espinosa
    Iván Martínez Urquijo BBVA Research - Principal Economist
    Mariana Angélica Torán BBVA Research - Principal Economist

    Documents and files


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    Report (PDF)

    Mexico_Credito_Ene21.pdf

    Spanish - March 18, 2021

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