Mexico | Monthly Report on Banking and the Financial System. May 2020
Published on Friday, May 29, 2020 | Updated on Wednesday, June 3, 2020
Mexico | Monthly Report on Banking and the Financial System. May 2020
Summary
Commercial banking leads intermediation of deposits and credit to the private sector. In the first quarter of 2020, the percentage of companies that received bank credit increased. Commercial banking has the solvency required to continue granting credit and overcome possible losses.
Key points
- Key points:
- Effect of the exchange rate boosts the dynamism of bank credit to the private sector
- Bank deposits show a rebalance toward liquid instruments
- The mortgage burden on households in Mexico remains stable
- Risk asset price recovery in the face of lower global volatility. The Mexican peso was the most appreciated currency in May
- Banxico issues regulations stemming from measures announced on April 21
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
- Financial Markets
- Real Estate
- Financial Regulation
Authors
Fernando Balbuena
Alfonso Gurza
BBVA Research - Principal Economist
Gabriela López
BBVA Research - Senior Economist
Iván Martínez Urquijo
BBVA Research - Principal Economist
Carlos Serrano
BBVA Research - Chief Economist
Mariana Angélica Torán
BBVA Research - Principal Economist
Samuel Vázquez
BBVA Research - Principal Economist
Documents and files
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