Mexico's Ministry of Finance and Public Credit published the outcome of the Financial System Stability Council's latest risk assessment, which found that the Mexican financial system remains sound and resilient, with the capacity to absorb adverse shocks. Commercial banks' aggregate capital and liquidity ratios remain well above minimum regulatory requirements, while risks from the external sector's exposure to peso denominated assets were assessed as contained. The council identified geopolitical and trade tensions, unexpected shifts in major economies' monetary policy outlooks and potential corrections in financial asset valuations as the principal global stability risks. Mexican financial markets have continued to function in an orderly manner, although the peso depreciated more than 5% over the period reviewed after an earlier appreciation, government bond yields rose across maturities and major equity indexes lost about 2.5%. Domestic economic growth is expected to moderate in the third quarter of 2026, but Mexico retains investment grade ratings from all agencies that assess its sovereign debt.
Mexico's Ministry of Finance and Public Credit reports resilient financial system amid heightened global risks
Mexico's Financial System Stability Council found that the domestic financial system remains sound and resilient, with bank capital and liquidity comfortably above regulatory minimums. It nevertheless flagged geopolitical tensions, monetary policy uncertainty and potential asset valuation corrections as global risks, while Mexican markets recorded currency, bond yield and equity volatility.