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ANALYSTS: REACTIVATION OF BANK CREDIT WILL TAKE 1-2 YEARS
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Analysts: reactivation of bank credit will take 1-2 years
MEXICO CITY, Jun 6, 2002 (El Economista/Corporate Mexico by Internet
Securities, Inc. via COMTEX) -- The reactivation of bank credit will
occur in stages and it will be as much as two years before there is
a significant change in the trend of financing for the private sector,
said analysts and academics.Raúl Feliz, of the Economic Education
and Study Center (CIDE), said he was skeptical about the approval
of the financial initiative handed to Congress by President Vicente
Fox because he said it would not help ...
