Awards of ExcellenceLatin American regional awardsThe growth of the Mexican credit market over the past couple of years is gathering real momentum, and the country’s largest banks have announced ambitious expansion plans as they seek to cash in on it. Last year’s winner of the best bank award, BBVA Bancomer, announced in May that it hoped to grow consumer loans 2.5 times and mortgages three-fold as well as expanding its network of branches and ATMs. The Spanish bank had another strong year, but while its operating income increased, total net income decreased by 1.2%. Citi’s Banamex takes this year’s award for its slightly stronger financial performance, the overall excellence of the bank and...
