Banking in Mexico – statistics & facts
The Mexican banking industry is heavily concentrated, with seven large banks representing about 80 percent of the market, and three of them holding a particularly large market share. In terms of net income, for instance, BBVA, Banorte, and Santander together account for over 50 percent of the market. Consequently, the overall performance of the Mexican banking sector is closely linked to the performance of these leading banks, highlighting their significant influence on the industry's stability and growth.
