Bloomberg News

Mexico Bank Lending Rose 9.7 Percent in November, Banxico Says

December 30, 2011

Dec. 30 (Bloomberg) -- Mexico’s bank lending, excluding loans from development banks, rose 9.7 percent in inflation- adjusted terms in November, the nation’s central bank said today in a report published on its website.

Commercial banks lent a total of 3.08 billion pesos, Banxico, as the central bank is known, said in its monthly lending report.

Bank lending, excluding from development banks, rose 12.3 percent in inflation-adjusted terms in October, the nation’s central bank said in a report published Nov. 30.

--Editor: Jose Enrique Arrioja

To contact the reporter on this story: Jose Enrique Arrioja in Mexico City at jarrioja@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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