Mexico: Financial Sector Assessment Program Update: Technical Note: Financing of the Private Sector
IMF Staff Country Reports, May 15, 2007
Source details
- Canonical URL
- Mexico: Financial Sector Assessment Program Update: Technical Note: Financing of the Private Sector
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Bibliographic details
- Published: May 15, 2007
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451825787.002
Scope and focus
- Describes the evolution, composition, and determinants of financing to the nonfinancial private sector in Mexico between 2000 and 2005.
- Examines the role of equity issuance, bank credit, bond issuance, mortgages, and other financing channels for the private sector.
Key findings
- Equity issuance has not played an important role in financing the private sector in Mexico during 2000–05.
- The number of nonfinancial private sector issuers declined from 173 in 2000 to 155 at the end of 2005.
- The stock market displays a high level of concentration, with the top 10 companies representing close to 70 percent of market capitalization.
Topics and indicators analyzed
- Bank credit and bank lending, including bank-originated consumer credit.
- Commercial credit and commercial loans.
- Bond issuance and other capital market financing.
- Credit information infrastructure (credit bureau) and its relevance for credit allocation.
- Role of development banks and financial institutions in private sector financing.
- Mortgage portfolio and mortgage lending dynamics.
- Determinants of financing growth and implications for the financial system.