As of December 2024, BBVA led the ranking of largest banks in Mexico, with total assets amounting to over *** billion U.S. dollars. It was followed by Banorte, with total assets worth over *** billion U.S. dollars. Banco Santander ranked third, followed by Citibanamex and HSBC.
Digital banking in Mexico
Digital banking in Mexico experienced significant growth in recent years, offering convenience and accessibility to a large portion of the population. In 2024, there were a total of **digital banks in the country, almost twice as many as five years before. The most popular digital banks include Nubank, Ualá, and Klar.
Fintech’s future and presence in Mexico
Fintech, or financial technology, aims to update and enhance financial services for corporations as well as consumers. The number of fintech users in Mexico is forecast to increase consistently in the future., with the digital payment segment accumulating the largest user base. This coincides with the dominance of the payment and remittances segment of fintech in 2024: There were ***fintech companies operating in the payment and remittances sectors, making it one of the leading segments for the nation’s fintech sector.
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S&P Global. (April 28, 2026). Largest banks in Mexico as of December 2025, by total assets (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 20, 2026, from /statistics/858557/leading-banks-mexico-total-assets/
S&P Global. "Largest banks in Mexico as of December 2025, by total assets (in billion U.S. dollars)." Chart. April 28, 2026. ÌÇÐÄÆƽâ°æ. Accessed July 20, 2026. /statistics/858557/leading-banks-mexico-total-assets/
S&P Global. (2026). Largest banks in Mexico as of December 2025, by total assets (in billion U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 20, 2026. /statistics/858557/leading-banks-mexico-total-assets/
S&P Global. "Largest Banks in Mexico as of December 2025, by Total assets (in Billion U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 28 Apr 2026, /statistics/858557/leading-banks-mexico-total-assets/
S&P Global, Largest banks in Mexico as of December 2025, by total assets (in billion U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/858557/leading-banks-mexico-total-assets/ (last visited July 20, 2026)
Largest banks in Mexico as of December 2025, by total assets (in billion U.S. dollars) [Graph], S&P Global, April 28, 2026. [Online]. Available: /statistics/858557/leading-banks-mexico-total-assets/
