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Mexico City /
The Current Credit Portfolio for the Private Sector Granted by Commercial Bank rose by 7.8 percent during June compared to the same month last year, to add 4 billion 272 billion pesos, said Bank of Mexico (Banxico) [19659004] In his report Monetary Aggregates and Financial Activity, Banxico reported that in this portfolio on business credit and individuals with this activity was the most favored with a balance of 2 trillion 442 billion pesos, an increase of 12.5%.
The mortgage loan rose 3.9% with a balance of 776 billion pesos, while the consumption increased 2.4 percent with 975 billion pesos , compared to June of the preceding year
Meanwhile, the balance of the credit granted to non-bank financial intermediaries was 77.7 billion pesos, which represented A reduction in financing granted by commercial banks increased by 3.5 per cent in real annual terms with 6 billion 637 billion pesos
"Among the components of this indicator, the financing granted to the private sector , which represents 67.9% of the total, was 4 508 billion pesos and increased by 7.5%. "
Meanwhile, the public sector financing which represents 21.4 % of total funding provided by commercial banks, elevated had a trillion of 418 billion pesos, which implied an increase of 5%.
For states and munic ipios with a 5.2% share of financing granted by commercial banks, amounted to 344 billion pesos, which Is reflected in a decrease of 2.1%.
CPR
[19659013]
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Tags banks commercial credit granted Increases June
