Why are there American banks in Mexico?

Because in Mexico foreign investment is permitted. There are foreign companies investing in the country, either directly building companies here or, buying or merging (commonly known as M&A: Mergers and Acquisitions) other companies previously established in Mexico. read more

Here in the US we have banks with branches from all over the world. Yes in Mexico there are banks from all over the world as well, Mexico is a large economy and there is plenty of international investment in Mexico as well as Mexican investment abroad. read more

Some of the most important American banks with presence in Mexico: CITIBanamex: Former Banamex (Banco Nacional de Mexico), now a wholly owned subsidiary of CITI. American Express has a large and strong presence in Mexico. read more

Useful Contacts Related to Credit, Banks and Banking in Mexico. Here is a list of useful contacts in relation to financial matters in Mexico: Bank of Mexico – Mexico’s Central Bank; regulates all banking activity and also publishes weekly statistics related to credit, banking and other macro-economic indicators. read more