Top List of Banks in Mexico

There are a lot of banks in Mexico. When looking for the best bank, there are a few things to look for. To start, make sure that the bank is well-established. The bank's headquarters should be in Mexico, and they should offer services in both English and Spanish. They should also have ATMs where you can withdraw money from any ATM at any time or anywhere in the world, as well as other banking products such as investment and retirement accounts. Of course, safety is very important! That’s why it’s important to find a bank that offers some level of protection in case something happens to your accounts, such as fraud or identity theft. And finally, make sure the price is right! For all these reasons, here are some of the best banks in Mexico.

BBVA Bancomer

BBVA Bancomer is the largest bank in Mexico and one of the leading financial groups in Latin America. The bank is a subsidiary of BBVA of Spain, and it services over 10 million customers.

Total assets: 2.08 trillion Mexican pesos (as of December 31, 2016)

Employees: 110,432 employees worldwide

Services: Credit cards, mortgages, personal loans, commercial loans, cash management and treasury services, retail banking, and more.


Banamex is a Mexican financial conglomerate with US$ 58.4 billion(2012) in assets, 1.2 million customers, and 41,390 employees. It is one of the largest banks in Mexico and is controlled by Grupo Financiero Banamex.

Banamex provides services to individuals, small and medium-sized companies, and large corporations. Services for individuals include consumer banking, credit cards, mortgages, and personal loans. Small and medium-sized companies offer specialized financial products such as short-term loans, current accounts, payroll accounts with debit cards, investment funds through mutual funds, and security custody services. 


Banorte is a Mexican group of financial institutions worldwide, founded in 1899 and headquartered in Monterrey. It is the third-largest bank in Mexico in terms of assets (as ranked by Bloomberg), with total assets of MXN$1.6 trillion (US$100 billion) and 27,000 employees as of 2018. In addition to its presence in Mexico, it has a commercial office in Shanghai.

Banorte has a wide range of financial products, from consumer banking, including credit cards and loans to small business loans. Banorte also offers insurance products for cars, homes, life, health, and investment products such as mutual funds and fixed-income investments.

HSBC Mexico

HSBC Mexico, S.A., a subsidiary of HSBC North America Holdings Inc., is a leading international bank in Mexico providing a range of financial services for about 1 million customers.

HSBC Mexico has approximately 22,000 employees and total assets, accumulating MXN 760,196 million on 30 June 2021. It serves large corporate and multinational clients and middle-market customers through its specialized commercial banking units. HSBC Mexico also offers consumer finance, leasing, and factoring services.

Santander Mexico

Santander Mexico is a subsidiary of Grupo Financiero Santander México and part of Banco Santander, one of the largest banking groups in the world. It is the largest bank in Mexico by total assets, employees, and services.

Santander in Mexico employs over 25,276 people and has total assets of Ps.1,678 billion. It provides personal banking, commercial banking, small and medium-sized business banking, private banking, international banking, and treasury services. In addition to its products and services, Santander offers customers access to other financial products, including insurance policies through Afore Bancomer (retirement savings), AutoPlan Bancomer (auto loans), and Seguros Bancomer (life insurance). 

Scotiabank Inverlat

Scotiabank Inverlat is a subsidiary of Scotiabank Group. It was established in Mexico in 1832 and is a large provider of financial services to individuals and corporations. The bank offers a wide range of products and services, including personal banking, commercial banking, corporate banking, investment banking, capital markets, and wealth management.

Scotiabank Inverlat has total assets of 1.18 trillion CAD (as of December 31, 2021). It has 89,488 employees and serves over 23 million customers globally through its 600 branches.


Bancomext, a public sector bank with total assets of MXN 340.542 billion (US$19 billion), has approximately 1,800 total employees and provides a wide range of financial services to Mexican exporters. Founded in 1936 as the National Bank of Foreign Trade, Bancomext has evolved into a modern bank that finances the international activities of Mexican companies by providing working capital and project finance. 

Bancomext is Mexico's official credit institution. It promotes the export of products and services of national origin and supports the acquisition of capital goods, materials, and supplies abroad. It provides financing for Mexican businesses via loans, guarantees, and insurance, to support investment projects in the country and overseas. 

Grupo Financiero Inbursa

The bank operates 320 branches across Mexico and has more than 2,000 employees. The group's total assets stood at MXN 541.38 billion as of March 2021, down from MXN 542.57 billion in June 2018.

The company offers financial products and services to retail and corporate clients, providing individual customers with credit cards, loans, mortgages, checking and savings accounts, and insurance. Its commercial banking unit provides corporate clients with credit, cash management, payroll services, and employee benefits.

Deutsche Bank México S.A.

Deutsche Bank México S.A was formed from Deutsche Bank's Mexican interests and Banca Privada, which Deutsche Bank acquired in 1997. Its parent company is headquartered in Frankfurt, Germany. 

The bank employs approximately 100 people throughout Mexico, and As of June 30, 2016, DB Mexico had total assets of MXN 38.960 billion (US$2.1 billion).

The bank provides a wide range of products to its clients, such as loans, deposits, structured finance, capital markets services, and investment banking services. It also offers online banking services to its customers via its website to view their account status and perform transactions.

Banco del Bajio

Banco del Bajio (BBVA Bancomer) is one of Mexico's largest and most important banking institutions. Its assets were $13.8 billion as of June 2021, and its employees numbered 4,000. The bank provides a wide range of financial products and services for individuals and businesses throughout Mexico, including loans, insurance, treasury services, leasing and factoring, credit cards, and investments. The bank also offers foreign exchange services, cash management services, and custody services for institutional clients.


Q. What banks are International in Mexico?

A. The banks that are most international in Mexico are Citibank and HSBC. Both are large international banks that have many branches throughout the world. They both have ATM machines and branches all over Mexico.

Some other banks in Mexico that have international linkages are Banorte and Bancomer. These tend to have fewer branches than either Citibank or HSBC, but they are still easy to find.