The median efficiency ratio of the seven largest banks in Mexico decreased in 2023, signalling the strengthening of the banking sector. In 2023, the median efficiency ratio was 43.2 percent, down from 47.3 percent in 2022. The seven largest banks include BBVA, Citi Banamex, Santander, Banorte, HSBC, Inbursa, and Scotiabank.
Median efficiency ratio of the seven largest banks in Mexico from 2012 to 2023
(in billion Mexican pesos)
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Grupo Financiero Santander México. (March 1, 2024). Median efficiency ratio of the seven largest banks in Mexico from 2012 to 2023 (in billion Mexican pesos) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1483979/mexico-efficiency-ratio-largest-banks/
Grupo Financiero Santander México. "Median efficiency ratio of the seven largest banks in Mexico from 2012 to 2023 (in billion Mexican pesos)." Chart. March 1, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1483979/mexico-efficiency-ratio-largest-banks/
Grupo Financiero Santander México. (2024). Median efficiency ratio of the seven largest banks in Mexico from 2012 to 2023 (in billion Mexican pesos). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1483979/mexico-efficiency-ratio-largest-banks/
Grupo Financiero Santander México. "Median Efficiency Ratio of The Seven Largest Banks in Mexico from 2012 to 2023 (in Billion Mexican Pesos)." Statista, Statista Inc., 1 Mar 2024, https://www.statista.com/statistics/1483979/mexico-efficiency-ratio-largest-banks/
Grupo Financiero Santander México, Median efficiency ratio of the seven largest banks in Mexico from 2012 to 2023 (in billion Mexican pesos) Statista, https://www.statista.com/statistics/1483979/mexico-efficiency-ratio-largest-banks/ (last visited December 21, 2024)
Median efficiency ratio of the seven largest banks in Mexico from 2012 to 2023 (in billion Mexican pesos) [Graph], Grupo Financiero Santander México, March 1, 2024. [Online]. Available: https://www.statista.com/statistics/1483979/mexico-efficiency-ratio-largest-banks/