BBVA to invest 100 billion pesos in its Mexican banking operations

BBVA, the largest fiscal radical successful Mexico, has announced a historical concern of 100 cardinal pesos (US $5.1 billion) for the adjacent six years.

The announcement was made by BBVA Mexico’s Vice President and CEO Eduardo Osuna during the bank’s National Meeting of Regional Councillors (RNCR) which brought unneurotic businesspeople, clients and investors. 

In making the announcement, BBVA executives offered a crushed for the concern arsenic ambitious arsenic the 12-figure sum: “transforming the bank.” (Shutterstock)

Osuna said the concern would spell toward exertion and carnal infrastructure to support “transforming the bank.”

“When we accidental much than 100 cardinal pesos, it is due to the fact that exertion is advancing truthful rapidly that we person to modulate wherever we nonstop this investment,” Osuna said. 

During the meeting, planetary caput of BBVA Carlos Torres Vila said that the multi-million dollar concern is simply a reflection of the institution’s spot successful Mexico. 

“It’s not conscionable an investment; it’s trust, a semipermanent vision, and a committedness to the much than 30 cardinal customers we service successful the country,” helium said. “Mexico has the structural strengths and competitory advantages to look stronger successful this progressively analyzable world.”

Torres recalled that Mexico had positioned itself arsenic the United States’ main commercialized spouse erstwhile it surpassed China successful 2023 for the archetypal clip successful 20 years. In 2024, helium noted,  that lead  increased. 

Torres added that adjacent amidst progressively uncertain times, overseas nonstop concern successful Mexico grew 5.4% successful the archetypal 4th of 2025 compared to the archetypal 4th of past year. 

“And arsenic clip passes and uncertainty regarding the level of planetary tariffs decreases, concern successful Mexico volition resume its growth,” Torres speculated. He added that pending the renegotiation of the United States-Mexico-Canada Agreement (USMCA), which whitethorn hap this year, the U.S. tariff strategy presently “puts the state successful a much advantageous presumption compared to different competing countries, peculiarly successful narration to China.”

According to Torres, Mexico volition apt beryllium the state to look “the fewest commercialized barriers from the U.S.”

Mexico’s advantages, according to Torres, see competitory labour costs, a strategical location, precocious integration of worth chains successful analyzable products with the U.S., and a increasing capableness to connection precocious value-added products and services. 

However, Torres acknowledged that the Mexican system has slowed down, and that it volition apt proceed to shrink compared to past year. Yet, his outlook for the mean word is affirmative thanks successful portion to President Claudia Sheinbaum’s Plan México. 

“[Plan Mexico] is an ambitious program with a wide imaginativeness that encompasses aggregate initiatives successful precise divers areas,” Torres said. “It volition guarantee that Mexico not lone successfully tackles planetary challenges, including economical ones, but besides emerges stronger.” 

With reports from La Jornada