Fitch Ratings maintained his perspective for Mexican banking in “neutral”, while providing moderate deterioration, compared to the high levels of profitability and liquidity of the last three years.
Alejandor Tapia CalderaSenior director of Fitch, said: “Our expectation is that before this expected contraction of the economy and the macroeconomic risks that are happening, the results begin to deteriorate moderately.”
This occurs when the Capitalization index of the banking system, according to the National Banking and Securities Commission (CNBV), which represents the resource that bank entities have to face any stress situation, it was from 19.93% In February.
The basic capital and fundamental capital coefficient were 17.87 and 16.42%, while the delinquency and delinquency adjusted in 2.03 and 4.15%, respectively.
-Julio Carranzaoutgoing president of the Association of Banks of Mexico (ABM), said for the newspaper Reform that the bank has a Capitalization record figure.
He explained that this means that in Mexico, banks are almost double the capital that is required to face situations of lack of liquidity that could occur worldwide at a given time.
The coverage of reservations of the entire expired bank portfolio is in 1.6 times, which indicates that the entire current expired portfolio is fully reserved for 100%, plus an additional 60%.
“They are very clear indicators that banking in Mexico has not faced any problem and is totally ready. Today, unlike many years ago, banking in Mexico is part of the solution and not part of the problem.”Carranza said.
