1. BBVA Bancomer
With an estimated 21% market share, BBVA Bancomer is the biggest bank in Mexico. Having been established in 1932, the bank has developed into one of the nation’s most illustrious financial institutions. Personal and business banking, investment banking, asset management, and insurance are just a few of the financial services provided by BBVA Bancomer.
The bank has more than 1,800 branches and more than 8,500 ATMs spread all across Mexico, giving it a significant presence there. With a variety of online and mobile banking options that make account management simple for clients, BBVA Bancomer also has a sizable internet presence.
2. Santander Mexico
The second-largest bank in Mexico is Santander Mexico. They have a market share of roughly 16%. The institution was founded in Mexico in 1997 and is a subsidiary of Banco Santander, a major Spanish financial institution. Financial services provided by Santander Mexico include investment banking, personal and business banking, and insurance.
The bank has more than 1,300 locations and more than 6,200 ATMs spread all across Mexico, giving it a substantial presence there. With a variety of online and mobile banking options, Santander Mexico also has a significant internet presence. These tools make it simple for consumers to manage their accounts.
With a market share of almost 13%, Citibanamex is the third-largest bank in Mexico. Since its founding in 1884, the bank has developed into one of the most renowned financial institutions in the nation. Financial services provided by Citibanamex span from personal and business banking to investment banking and insurance.
The bank has a considerable presence in Mexico thanks to its more than 1,500 branches and 7,000 ATMs there. With a variety of online and mobile banking options, Citibanamex also has a strong internet presence that makes it simple for consumers to maintain their accounts.
The three biggest banks in Mexico are Citibanamex, Santander Mexico, and BBVA Bancomer. They each provide a variety of financial services to clients. These institutions are well-represented in Mexico. The reason for that is their substantial branch and ATM networks and robust online presence. It’s crucial to conduct research to identify the organization that delivers the greatest services for you while selecting the correct bank to meet your financial needs.