Mexico City. In March 2024, the balance of financing granted by commercial banks stood at 9 trillion 676 billion pesos, which meant an increase of 6.4 percent compared to the same month in 2023, the Bank of Mexico (BdeM) reported this Tuesday. ).
According to the Monetary Aggregates report of the central bank, of the components of this indicator, the financing granted to the private sector, which constitutes 66 percent of the total, was 6 trillion 350 billion pesos, an annual increase of 5.6 percent.
For its part, financing to the federal public sector, which represents 25 percent of the total financing granted by commercial banks, stood at 2 trillion 461 billion pesos, which implied a positive variation of 11.3 percent.
The balance of financing to states and municipalities, with a 4 percent share of the financing granted by commercial banks, stood at 361 billion pesos, which translated into a decrease of 3.0 percent.
Finally, the balance of financing to other sectors, which includes financing to IPAB and Fonadin, and which makes up 5 percent of the total, stood at 503 billion pesos, an expansion of 0.2 percent.
Meanwhile, the balance of the current credit portfolio of commercial banks to the private sector in March 2024 was 6 trillion 113 billion pesos, presenting an increase of 5.7 percent.
Of the previous balance, one trillion 442 billion pesos were allocated to consumer credit, which implied a positive rate of 11.2 percent.
The balance of housing credit was one trillion 341 billion pesos and grew 3.8 percent annually. For its part, credit to non-financial companies and individuals with business activity had a balance of 3 trillion 147 billion pesos, increasing 2.6 percent.
Finally, the balance of credit granted to non-banking financial intermediaries stood at 182 billion pesos, an increase of 44.2 percent.
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– 2024-05-06 06:38:51
