Introduction to Banco Inmobiliario Mexicano’s Plans
Banco Inmobiliario Mexicano (BIM) aims to place approximately 2,000 million pesos in the Bajio region throughout 2025, according to Ernesto Fragoso Montaño, Director Corporate of Banca Empresarial, Patrimonial y Fiduciaria at BIM. This amount represents a 10% annual growth, with 90% allocated for housing development financing and 10% for working capital support, including financing for distribution centers, small industrial parks, and commercial plazas in the region.
Current Progress and Expectations
As of May, BIM has already placed 600 million pesos in the Bajio through various credit lines, making it one of the two most relevant regions in terms of budget compliance out of six segments analyzed by BIM.
Fragoso Montaño expressed optimism about the second half of 2025, stating that their expectations surpass initial forecasts for the first half of the year. He attributed this positive outlook to the region’s diverse industries, including commerce, services, and manufacturing, which create favorable conditions for housing financing.
Housing Financing Distribution
The housing financed in the region is divided as follows: 45% for social housing (up to one million pesos), 50% for medium-range housing (one to three million pesos), and 5% for high-end housing (over three million pesos). This distribution supports various segments’ housing needs, according to Fragoso Montaño.
He acknowledged Mexico’s housing deficit of eight million units and highlighted the federal government’s project to build low-cost housing, aiming to reduce the country’s housing gap. The project intends to construct one million homes, targeting a population segment with salaries of one or two minimum wages.
Economic Context and Perspectives
Fragoso Montaño emphasized BIM’s positive outlook in the region due to the ongoing economic movement. He dismissed concerns about geopolitical issues and U.S. tariffs, as BIM’s primary market is domestic consumption financing.
He mentioned that favorable indicators, such as decreasing reference rates, contribute to more accessible and affordable credit options. This trend, combined with the exchange rate behavior and other encouraging indicators, paints a positive picture for the housing sector.
Key Questions and Answers
- What is Banco Inmobiliario Mexicano’s growth target for the Bajio region by 2025? BIM aims to place approximately 2,000 million pesos in the Bajio region, representing a 10% annual growth.
- How is the housing financing distributed in the Bajio region? 45% for social housing, 50% for medium-range housing, and 5% for high-end housing.
- What is the federal government’s project to address Mexico’s housing deficit? The project aims to build one million low-cost homes, targeting a population segment with salaries of one or two minimum wages.
- How do current economic indicators impact BIM’s outlook in the Bajio region? Favorable economic movement, decreasing reference rates, and a stable exchange rate contribute to more accessible credit options, fostering growth in the housing sector.
