Corporate bank loans are growing

The number of companies that have requested financing from commercial banks in the country increased from 27.1% in the first quarter of last year to 34.3% in the same period in 2021, due to the increasing need for resources to achieve the revitalization of their activities, according to M. Information from The Bank of Mexico (Banxico).

In your document The evolution of corporate financeThe largest companies were those that resorted the most to commercial banking.

According to the central bank, in the first quarter of this year, 36.9% of companies with more than 100 employees were funded by banks, while the percentage of companies with less than 100 employees (MSMEs) was 29.9%.

In addition, the companies that requested more credit through this path were those corresponding to the third sector, with services and trade oriented ones accounting for 37.6% of the total, followed by companies dedicated to manufacturing at 29.1%.

The results also showed that there is a greater desire on the part of companies to obtain new loans, because one in five companies that have chosen bank financing issued new financing.

Among the companies that resorted to bank financing, 20.8% of the total obtained new loans in the first quarter of 2021, compared to 16.8% in the previous quarter.

Given.
34.3%
Of the companies were financed through commercial banks

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