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Sector Analysis
Mexico Retail Banking: Opportunities and Risks to 2023
Mexico’s total loan balances outstanding (including residential mortgage balances outstanding, personal loan balances and credit card balances) recorded a CAGR of 9.9% during 2014-18, to reach MXN3.8tn ($193.5bn) in 2018. The country’s household debt, which witnessed a sharp increase in the review period, is far behind in magnitude when compared to other developing economies of the world. The majority of Mexican loan balances outstanding are from home loans; residential mortgage balances outstanding accounted for 63.3% of total balances outstanding in...