In particular, bank credit expansion needs to pick up pace in a sustainable way.2 In this aim, the first order of business is to understand why Mexico is behind other nations in building a deeper, more accessible banking system. If we turn to recent history, higher levels of financial deepening have been attained but not sustained.
In fact, the total domestic  1  International indicators of bank penetration and financial inclusion are available in: World Development Indicators (2013), The World Bank; Financial Access Survey (2013), International Monetary Fund; and Demirgüç-Kunt, A. and L. Klapper (2012), “Measuring Financial Inclusion: The Global Findex Database”, World Bank Policy Research Paper 6025.