Banking Industry in Mexico to reach USD 37.29 B by 2025

reogma|Banking Industry in Mexico to reach USD 37.29 B by 2025

The Mexican Banking Industry size is estimated to value USD 21.05 billion in the year 2019.

It is expected to grow at the CAGR of  10% within the time horizon of 2020-2025 because of the increasing infrastructure and investment development and favourable governmental initiatives.

It will reach USD 37.29 billion by the year 2025.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Market Trends
  • Industry Challenges
  • Technology Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References

Definition / Scope

Bank is the licensed financial organization providing the services of deposits and loans to customers and banking system is the group of institutions providing these services.

It offers a range of services comprising of deposit accounts, consumer and commercial lending, corporate finance, trusts, money market trading, commodity trading, investment banking, foreign exchange trading, and mutual funds.

These services are accessible through different channels such as branches of banks, ATM banking, online banking, mobile banking, telephone banking, and video banking.

Usually, the revenue is collected in the banks through interest, transactions fees and charges, and the financial advices. Banks are one of the highly regulated market by the governmental agencies.

The Mexican banking system consists of public development banks, public credit institutions, private commercial banks, private investment banks, saving and loan associations and mortgage banks.

There are almost 51 retail banking institutions, six development banks and 23 financial groups in Mexico. The most largest banking institutions in the context of Mexico are BBVA Bancomer, Santander, CitiBanamex, Banorte, and HSBC.

On the basis of banking services, the banking market is segmented into following categories:

  • Payments and remittances
  • Lending
  • Enterprise financial management
  • Crowdfunding
  • Insurance
  • Identity fraud
  • Digital banks
  • Trading and capital market
  • Wealth management


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The Mexican Banking Industry size is estimated to value USD 21.05 billion in the year 2019. It is expected to grow at the CAGR of  10% within the time horizon of 2020-2025 because of the increasing infrastructure and investment development and favourable governmental initiatives. It will reach USD 37.29 billion […]
reogma|Banking Industry in Mexico to reach USD 37.29 B by 2025reogma|Banking Industry in Mexico to reach USD 37.29 B by 2025

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