Overview

• Both banks said the change would have only a marginal or insignificant effect on their finances and would not affect customers.
• BBVA’s chief economist said profits would be trimmed but not enough to threaten capital generation or the supply of credit, arguing the fees are operating expenses.
• Santander said the issue has been discussed through the Mexican banking association and pledged to follow whatever fiscal regime Congress approves.
• Official data show banks paid more than 9,503 million pesos in IPAB fees in the second quarter, including 2,202 million by BBVA and 1,165 million by Santander.
• The proposal remains under congressional review as part of the 2026 revenue package, with the Finance Ministry maintaining an additional revenue estimate near 10,000 million pesos.