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    Published on Thursday, September 12, 2019 | Updated on Friday, September 13, 2019

    Mexico | Signs of change in the recent dynamics of sight and term deposits

    Summary

    Sight deposits hiked to 5.7% (YoY), while term deposits slowed down to 12.9% (YoY), influenced by possible signs of change in savings dynamics.

    Key points

    • Key points:
    • Deposits in Debt Mutual Funds in July driven by low global risk aversion and a poor performance of the local stock index
    • Growth of Net Internal Financial Assets at its lowest level since 2009

    Geographies

    Topics

    Authors

    Iván Martínez Urquijo BBVA Research - Principal Economist
    Francisco Javier Morales
    Mariana Angélica Torán BBVA Research - Principal Economist

    Documents and files

    Report (PDF)

    190912_Mexico_Captacion_Jul19.pdf

    Spanish - September 12, 2019

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