Mexican economic growth has disappointed but is expected to pick up to above 3 percent over the next two years. Downside risks are still present, including a possibly fragile recovery of domestic spending. Financial markets are likely to continue to face volatility. Relative resilience in recent months is no guarantee that Mexico is immune to future shocks.
In other cases, banks are precluded from issuing guarantees favouring other banks/lending institutions for the loans extended by the latter, as the primary lender is expected to assume the credit risk and not pass on the same by securing itself with a guarantee i.e. separation of credit risk and funding is not allowed. 3.