COMMERCIAL BANK CREDIT CONTRACTS ANOTHER 6% IN REAL TERMS IN JANUARY

From: Infolatina | Date: February 24, 1999 | Copyright information

Infolatina
02-24-1999
Commercial Bank Credit Contracts Another 6% in Real Terms in January

MEXICO CITY, Feb. 24 (El Universal/Infolatina)-- Commercial bank
credit to the production sector contracted another 6% in January,
primarily due to the tight money policy of the central bank, and
prospects for a recovery in bank credit are very dim in view of
expectations the bank will ...