In 2023, BBVA concentrated roughly 24 percent of the loans granted in Mexico. BBVA had an even bigger market share in the mortgages segment. Meanwhile, Banorte's was the second organization in the ranking, with almost 15 percent of all lending. In 2024, Banorte ranked among the most valuable banking brands in Latin America.
Lending market share of selected banks in Mexico in 2023, by type of loan
Characteristic
All loans
Mortgages
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Grupo Financiero Santander México. (January 30, 2024). Lending market share of selected banks in Mexico in 2023, by type of loan [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/740550/selected-banks-mexico-loans-market-share/
Grupo Financiero Santander México. "Lending market share of selected banks in Mexico in 2023, by type of loan." Chart. January 30, 2024. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/740550/selected-banks-mexico-loans-market-share/
Grupo Financiero Santander México. (2024). Lending market share of selected banks in Mexico in 2023, by type of loan. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/740550/selected-banks-mexico-loans-market-share/
Grupo Financiero Santander México. "Lending Market Share of Selected Banks in Mexico in 2023, by Type of Loan." Statista, Statista Inc., 30 Jan 2024, https://www.statista.com/statistics/740550/selected-banks-mexico-loans-market-share/
Grupo Financiero Santander México, Lending market share of selected banks in Mexico in 2023, by type of loan Statista, https://www.statista.com/statistics/740550/selected-banks-mexico-loans-market-share/ (last visited August 24, 2024)
Lending market share of selected banks in Mexico in 2023, by type of loan [Graph], Grupo Financiero Santander México, January 30, 2024. [Online]. Available: https://www.statista.com/statistics/740550/selected-banks-mexico-loans-market-share/