Mexico: Financial Sector Assessment Program-Technical Note on Systemic Risk Analysis and Stress Testing
December 8, 2022
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Mexico: Financial Sector Assessment Program-Technical Note on Systemic Risk Analysis and Stress Testing, (USA: International Monetary Fund, 2022) accessed December 22, 2024
Summary
Mexico has a resilient financial system but a low level of financial inclusion. The financial system is smaller than in peer countries and is dominated by commercial banks that have had large capital and liquidity buffers for years. Despite these buffers and the high profitability in the banking sector, credit growth has been low due to both supply and demand factors, with banks targeting mainly the prime segments of the economy. The COVID-19 pandemic has had a limited impact on the financial system, reflecting a mix of resumption in mobility and support from global and domestic policies.
Publication Details
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Pages:
112
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Volume:
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DOI:
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Issue:
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Series:
Country Report No. 2022/359
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Stock No:
1MEXEA2022007
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ISBN:
9798400226359
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ISSN:
1934-7685
