In 2021, HSBC was the bank with the highest efficiency ratio in Mexico, reaching a value of 73.2 percent. It was followed by Banamex, with an efficiency ratio of 67.5 percent. The ratio is calculated by dividing administrative expenses by income.
Efficiency ratio of selected banks in Mexico in 2021
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Grupo Financiero Santander México. (March 3, 2022). Efficiency ratio of selected banks in Mexico in 2021 [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/740484/banks-mexico-efficiency/
Grupo Financiero Santander México. "Efficiency ratio of selected banks in Mexico in 2021." Chart. March 3, 2022. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/740484/banks-mexico-efficiency/
Grupo Financiero Santander México. (2022). Efficiency ratio of selected banks in Mexico in 2021. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/740484/banks-mexico-efficiency/
Grupo Financiero Santander México. "Efficiency Ratio of Selected Banks in Mexico in 2021." Statista, Statista Inc., 3 Mar 2022, https://www-statista-com.ezproxy.canberra.edu.au/statistics/740484/banks-mexico-efficiency/
Grupo Financiero Santander México, Efficiency ratio of selected banks in Mexico in 2021 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/740484/banks-mexico-efficiency/ (last visited September 20, 2024)
Efficiency ratio of selected banks in Mexico in 2021 [Graph], Grupo Financiero Santander México, March 3, 2022. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/740484/banks-mexico-efficiency/