Mexico | Credit to the private sector: 9.5% growth in January 2015, with corporate credit strong
Published on Wednesday, March 4, 2015 | Updated on Wednesday, March 4, 2015
Mexico | Credit to the private sector: 9.5% growth in January 2015, with corporate credit strong
Summary
In January 2015 credit granted by commercial banks to the private sector posted nominal annual (YoY) growth of 9.5% (6.2% in real terms), higher than in December 2014 (8.2%) and in January 2014 (9.2%). January’s growth was the highest since December 2013, when the portfolio grew by 9.8%. This positive performance is the result of increases in all segments of the portfolio, particularly in housing and companies
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Authors
Sirenia Vázquez
BBVA Research - Principal Economist
Mariana Angélica Torán
BBVA Research - Principal Economist
Saide Aránzazu Salazar
BBVA Research - Principal Economist