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    Published on Wednesday, September 23, 2020

    Mexico | Demand deposits from individuals grew again in July

    Summary

    Bank deposits in July maintained the trend observed during the last two months. The balance of the bank's traditional deposits was lower in July compared to the previous month, both in its demand and in its term segments, in real terms.

    Key points

    • Key points:
    • Total savings by individuals in July decreased compared to last month despite the continued growth of balances in the sight segment
    • After the rise derived from the provision of credit lines, the balance of bank deposits of companies fell for the third consecutive month
    • Deposits in investment funds decreased in July due to lower expectations of price gains and lower savings capacity

    Geographies

    Topics

    Authors

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

    Documents and files

    Report (PDF)

    200923_Mexico_Captacion_Jul20.pdf

    Spanish - September 23, 2020

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