Largest Banks in Mexico by assets

Largest Banks in Mexico

Following are the largest banks in Mexico ranked by total assets in billions of U.S. dollars. The four biggest banks in Mexico are BBVA, Banorte, Santander and CitiBanamex. Mexico's top 10 banks hold combined assets of over US$600 billion.

Rank Name Total assets, US$b
1 BBVA Bancomer 159.07
2 Banorte 106.37
3 Santander Mexico 93.42
4 CitiBanamex 84.91
5 HSBC Mexico 40.87
6 Scotiabank Mexico 39.04
7 Inbursa 30.56
8 Bancomext 23.21
9 Banco del Bajio 16.00
10 Afirme 15.41
11 Banco Azteca 14.49
12 BanRegio * 11.91
13 JP Morgan S.A. 9.08
14 Invex 8.81

Total assets as of December 31, 2022, unless otherwise noted.
* Data as of June 30, 2023

Last updated March 10, 2024