BBVA Mexico’s transaction banking business recorded strong growth during the review period as its role in clients’ everyday financial operations expanded. Greater connectivity, real-time processing and automation made corporate banking more accessible and efficient.
BBVA Mexico’s global transaction banking business delivered significant financial growth, with gross margin increasing 12.1% year-on-year to MXN15.68 billion ($840 million). Fee income rose 12.7% to MXN5.07 billion, supported by recurring activity in merchant acquiring, electronic banking and corporate collections.
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