List of banks in Mexico explained

This is a list of banks in Mexico, including chartered banks, credit unions, trusts, and other financial services companies that offer banking services and may be popularly referred to as "banks".^[1]

Central bank

• Bank of Mexico

Mexican banks

• ABC Capital
• Accendo Banco
• Actinver
• Banca Mifel
• Banco Autofin
• Banco Amigo
• Banca Afirme
• Bancrea
• Banco Multiva
• Bansi S.A.
• BanCoppel
• Banco Famsa
• Banco Covalto
• Banco Forjadores
• Banco Monex
• Banco Azteca
• BanBajío
• Inbursa
• Intercam
• Banco Inmobiliario Mexicano
• Banco Invex
• Banco Ve X +
• Bankaool
• Banorte
• BanRegio
• Compartamos Banco
• Consubanco
• CI Banco
• Banco BASE
• Agrofinanzas
• Fundación Dondé Banco
• Pagatodo

Foreign-owned banks

• American Express Bank
• Bank of America
• Bank of China
• BBVA México, founded as Banco de Comercio (Bank of Commerce) or Bancomer, in 2000 Spanish bank BBVA was the majority shareholder until 2004 when it purchased all shares and wholly owned it.
• Banco Volkswagen México
• Banco Sabadell
• Bank Saderat Iran
• Barclays Mexico
• Citibank Mexico
• Credit Suisse
• Deutsche Bank
• HSBC México
• Industrial and Commercial Bank of China
• ING Mexico
• J. P. Morgan Chase
• Mizuho Bank Mexico
• MUFG
• Santander México, formerly Banco Santander Serfin.
• Scotiabank, The Bank of Nova Scotia purchased Mexico's Grupo Financiero Inverlat in 1992.
• Shinhan Bank
• UBS Bank

Public banks

• Banco del Bienestar, previously known as Bansefi and as Pahnal before that

Development banks

• Bancomext, SNC (Export - import bank)
• Banjercito, SNC (Army)
• Banobras, SNC (Subnational and project finance)
• Financiera Rural (Agriculture)
• Nafinsa, SNC
• SHF, SNC (Mortgage)

Defunct banks

• Banca Confia (failed); acquired by Citibank Mexico
• Banca Cremi (bought and became Banco Unión)
• Banca Promex (begin as Banco de Zamora)
• Banca Serfin (merged with Banco Santander Mexicano); absorbed into Banco Santander Serfin
• Banco Bilbao Vizcaya (bought Bancomer)
• Banco Central Mexicano (failed, early 20th century)
• Banco de Londres, México y Sudamerica (first Mexican bank),^[2] later Banca Serfin)
• Banco Facil (merged with Sociedad Financiera de Objeto Limitado (Sofol) to form Consubanco)
• Banco de Oriente (bought by BBVA)
• Banco del Atlántico (bought by BITAL, BITAL was later taken over by HSBC)
• Banco del Centro (BANCEN) or (BANCENTRO) (bought by Banorte)
• Banco del Sureste
• Banco Hipotecario
• Banco Internacional (bought by Prime and became BITAL)
• Banco Interacciones (bought by Banorte)
• Banco Longoria
• Banco Mexicano Somex (bought by Invermexico and became Banco Mexicano)
• Banco Mexicano (bought by Banco Santander and became Banco Santander Mexicano; now part of Banco Santander (Mexico))
• Banco Mercantil Mexicano (merged with Banco Nacional Mexicano to form Banco Nacional de México, 1884)
• Banco Nacional Mexicano (merged with Banco Mercantil Mexicano to form Banco Nacional de México, 1884)
• Banco Sofimex
• Banco Unión (failed and bought by Banorte)
• Banco Viltaza (sold to Inbursa)
• Bancreser (later Bancrecer)
• Banpaís (bought by Asemex)
• Banpeco (bought by BNCI)
• Banoro
• Banrural
• BBVA Probursa (merged with Bancomer and became BBVA Bancomer)
• Banco BCH (bought by Banco Unión)
• BITAL (taken over by HSBC)
• Crédito Méxicano
• KEB Hana Mexico (Sold Mexican unit to InvestaBank S.A.)
• IXE Banco (merged with Banorte)
• Grupo Bursatil Mexicano (bought by Banco del Atlántico)
• Multibanco Comermex (bought by Inverlat and became Comermex Inverlat) Scotiabank Inverlat
• Multibanco Mercantil de México
• Multibanco Mercantil Probursa (later BBVA Probursa)
• Prudential Bank (taken over by Actinver S. A.)
• Sociedad Financiera de Objeto Limitado (Sofol) (merged with Banco Facil to form Consubanco)
• Ziraat Bank Mexico (went bankrupt)

Notes and References

1. 1093588957386993665. cnbvmx.
   1. ComunicadoCNBV La CNBV autorizó el inicio de operaciones al Banco ING México. El sistema bancario mexicano…
   . 7 February 2019.
2. Carlos Marichal, "Banco de Londres y México" in Encyclopedia of Latin American History and Culture, New York: Charles Scribner's Sons 1996, vol. 1, p. 278.