Outlining a Regional Approach to Financial Savings and Intermediation in Mexico

Researchers Carlos Serrano, Saide Aranzazu Salazar-Altamirano and Sirenia Vazquez  Baez, of Mexico's Comisión Nacional Bancaria y de Valores (CNBV), attempt to better understand Mexico's savings and financial intermediation systems.

Current data on intermediation and savings in Mexico are limited in two regards: they do not address regional and municipal variations, and they ignore non-regulated financial institutions (NRFIs), which are particularly important in poor communities. By analyzing existing CNBV data and by conducting a survey on NRFIs, Vazquez, Serrano, and Aranzazu hope to describe historical patterns of savings and credit flows at a regional level, understand how those patterns are related to its socioeconomic factors, and identify and explain possible differences between the flows of savings and credit intermediated by banks and the ones intermediated by NRFIs, on a regional level.

Research Questions: 
  • How have savings flowed regionally (by type of instrument) in the past decade?
  • How has credit flowed regionally (by type of credit) in the past decade?
  • To what economic factors are the patterns of regional flows of bank savings and credit related?
  • Where are Popular Sector Entities (e.g., credit unions, savings and credit cooperative institutions, etc.) more important than banks in terms of deposits and loans?
  • How is the presence of Popular Sector Entities related to the level of income or wealth on a particular municipality?
  • How are NRFIs similar to Popular Sector Entities in terms of the size and type of credit they offer or municipality they cover?
Data Notes: 

Survey Time Frame

  • Analysis of existing data (Encuesta Nacional de Ingreso y Gasto de los Hogares; Encuesta Nacional sobre Niveles de Vida de los Hogares; CNBV’s Financial Savings Database)
  • NRFI survey design, August 2011
  • NRFI survey implementation, September 2011


Data for Download