Mexico's development banks inject 715.7 billion pesos into private sector growth

Development Bank Lending to Private Sector Exceeds 715.7 Billion Pesos in Q3

Funding provided by Mexico's development banks to the private sector surpassed 715.7 billion pesos by the end of the third quarter, according to figures from the Ministry of Finance and Public Credit (SHCP). The agency reported that resources were primarily channeled toward supporting micro, small, and medium-sized enterprises (MSMEs) through Nacional Financiera (Nafin) and the National Foreign Trade Bank (Bancomext).

Additional financing was directed to agricultural and rural producers via the Agricultural Trusts (FIRA), while infrastructure projects backed by Banobras and housing programs managed by the Federal Mortgage Society (SHF) also received funding. Meanwhile, Banjército extended credit lines to military personnel.

Regarding asset quality, the Ministry noted that development banks maintained controlled delinquency levels. As of Q3, the delinquency rate (IMOR) stood at 2.3% for national credit institutions and 6.7% for public trust funds, based on a total loan portfolio exceeding 1.3 trillion pesos.

The SHCP added that, by the close of fiscal year 2025, development banks recorded cumulative profits of 47.1 billion pesos, enabling dividend collections and corresponding capitalization without compromising the institutions' financial stability.

Banco del Bienestar Expands National Reach

In terms of financial inclusion, the Ministry explained that Banco del Bienestar solidified its nationwide presence, operating 3,150 branches—making it the development bank with the broadest coverage in Mexico. Its network serves 98.4% of the population (around 124 million people) across 1,083 municipalities, 55% of which lack commercial bank branches.

By the end of the period, the bank managed nearly 54 million accounts and disbursed 603.3 billion pesos to 31.5 million beneficiaries of social programs.

Financiera para el Bienestar (Finabien) reported a network of 1,700 branches, offering remittance services, banking correspondences, bill payments, and no-collateral "word-of-honor" loans. As of September 2025, these programs had assisted over 39,000 individuals, totaling 861.7 million pesos in support.

Key initiatives included ApoyArte, which allocated 471.4 million pesos to 18,097 Indigenous and Afro-Mexican women artisans, and the Solidarity Credit Support program, benefiting 19,478 recipients with 314.1 million pesos in disbursements.