BANKS DEPEND ON FOBAPROA AS CREDIT TO PRODUCTION DECLINED 3.6% IN REAL TERMS

From: Infolatina | Date: January 22, 1999 | Copyright information

Infolatina
01-22-1999
Banks Depend on Fobaproa as Credit to Production Declined 3.6% in Real
Terms

MEXICO CITY, Jan. 22 (El Financiero/Infolatina)-- Credit from
commercial bank to the production sector increased from 989 billion 100
million pesos in 1997 to one trillion 131 billion pesos last year, but
that nominal increase represented a contraction ...