Mexico Financial Sector Assessment

World Bank ; International Monetary Fund

World Bank, Washington, DC

关键词: FINANCIAL SYSTEM STRUCTURE;    FINANCIAL MARKETS;    BANKING;    PENSIONS;    INSURANCE;   

RP-ID  :  114093

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This financial sector assessment (FSA)summarizes the key findings and recommendations of the 2016FSAP update report for Mexico. Mexico’s economic growth hasbeen steady and inflation remained low despite a significantdepreciation of the exchange rate in the last 18 months.Themedium term outlook for the Mexican economy foresees stablegrowth and inflation. After several years of containedgrowth, commercial bank credit grew by 14 percent in 2015,albeit from a very low base.Nonfinancial sector balancesheets show little sign of stress.Key risks to themacroeconomic outlook are mostly external in nature and stemfrom the close connection to US markets, the dependency onoil revenues, and potential resurgence of market volatility.A comprehensive financial reform was approved in November2013 with the objective of increasing the financial sector’scontribution to economic growth. The financial reformencompassed revisions to the banking law and otherlegislation to encourage credit expansion. This entailed amore active role of development banks in extending creditand measures to ensure that private financial institutionswould channel credit to productive activities.