This question was closed without grading. Reason: No acceptable answer
Apr 24, 2015 18:23
9 yrs ago
13 viewers *
Spanish term
crédito directo e inducido
Spanish to English
Bus/Financial
Finance (general)
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.
"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.
Proposed translations
(English)
| 4 | direct and induced credit |
Billh
|
| 3 | direct and government funded lending |
patinba
|
Proposed translations
6 mins
direct and induced credit
.
--------------------------------------------------
Note added at 6 mins (2015-04-24 18:30:19 GMT)
--------------------------------------------------
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...
--------------------------------------------------
Note added at 7 mins (2015-04-24 18:31:34 GMT)
--------------------------------------------------
the above is entitled
COMPREHENSIVE
GROWTH STRATEGY:
MEXICO
--------------------------------------------------
Note added at 43 mins (2015-04-24 19:06:52 GMT)
--------------------------------------------------
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 ...
--------------------------------------------------
Note added at 49 mins (2015-04-24 19:12:48 GMT)
--------------------------------------------------
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.
--------------------------------------------------
Note added at 6 mins (2015-04-24 18:30:19 GMT)
--------------------------------------------------
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...
--------------------------------------------------
Note added at 7 mins (2015-04-24 18:31:34 GMT)
--------------------------------------------------
the above is entitled
COMPREHENSIVE
GROWTH STRATEGY:
MEXICO
--------------------------------------------------
Note added at 43 mins (2015-04-24 19:06:52 GMT)
--------------------------------------------------
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 ...
--------------------------------------------------
Note added at 49 mins (2015-04-24 19:12:48 GMT)
--------------------------------------------------
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.
18 hrs
direct and government funded lending
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.
Something went wrong...