crédito directo e inducido

18:23 Apr 24, 2015
This question was closed without grading. Reason: No acceptable answer

Spanish to English translations [PRO]
Bus/Financial - Finance (general)
Spanish term or phrase: crédito directo e inducido
From highlights of the Mexican Financial Reform.

"Al cierre de 2014 la Banca de Desarrollo alcanzó un saldo de crédito directo e inducido al sector privado de XXX pesos."

Later on...

"... el crédito directo e impulsado al sector privado creció 35% anual"

I'm thinking it's just "direct credit to the private sector" but would like to hear other opinions.

Thank you.
patyjs
Mexico
Local time: 08:19


Summary of answers provided
4direct and induced credit
Billh
3direct and government funded lending
patinba


  

Answers


6 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
direct and induced credit


Explanation:
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Note added at 6 mins (2015-04-24 18:30:19 GMT)
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Greater financing for infrastructure and SME´s. In the next four years, the government
through National Development Banks will commit almost $45 billion dollars to expanding
direct and induced credit for SMEs and infrastructure.

https://g20.org/wp-content/uploads/2014/12/g20_comprehensive...

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Note added at 7 mins (2015-04-24 18:31:34 GMT)
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the above is entitled

COMPREHENSIVE
GROWTH STRATEGY:


MEXICO


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Note added at 43 mins (2015-04-24 19:06:52 GMT)
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The Revival of Mexico's Housing Sector: Development ...
www.foreignaffairs.com › About Us › Sponsored Sections
16 Feb 2015 - Through these actions, Cano Vélez confirmed that “SHF reached a direct and induced credit balance of Mex$263,000 (US$17.5 billion), a 16 ...

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Note added at 49 mins (2015-04-24 19:12:48 GMT)
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Financial System Report - Banco de México
www.banxico.org.mx/.../{CE284A71-335F-95DE-FE82-5C0A8239CF....
Composition of Direct and Induced Credit Balances a) Composition of direct credit balance b) Composition of induced credit balance. Percent. Percent. Public.




Billh
Local time: 15:19
Native speaker of: Native in EnglishEnglish
PRO pts in category: 294

Peer comments on this answer (and responses from the answerer)
neutral  philgoddard: But what does it mean?
33 mins

neutral  bigedsenior: I´m with Phil on this. It only comes up in a couple of refs related to Mexico.
13 hrs
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18 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5
direct and government funded lending


Explanation:
is the best I can come up with. What it means is that the government provides banks with funding at subsidised rates so that the banks can on-lend it to their customers at special rates for purposes such as housebuilding, or investment in certain industrial sectors, etc. In other words, the bank does not lend directly, but provides these loans that have been "induced" by the government. I don't think "induced" on its own would mean anything to anyone who is not a banker.


patinba
Argentina
Local time: 11:19
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 1430
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