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
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
- Financial Markets
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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