Access to finance was critical for all businesses throughout 2020 because of the pandemic’s impact on economic activity. Although the national government provided subsidized credit lines, the market covered a good part of the companies’ financial needs, providing 168.25 billion pesos ($1.98 bn) during the year, 59% more than the volume negotiated in 2019. The data also revealed that financing in dollars increased 8% year-on-year with $2.38 billion.
Source: Ámbito