Scotiabank Mexico

Scotiabank Inverlat S.A. (or Scotiabank Mexico) is the principal operating subsidiary of Grupo Financiero Scotiabank Inverlat S.A. de C.V., a foreign-owned holding company controlled by Canada-based The Bank of Nova Scotia. It is one of the leading financial institutions in Mexico with over 10,300 employees, 550 branches and 1,800 ATMs. The Bank's offerings include checking and savings accounts, term deposits, personal and auto loans, mortgages, low rate and no annual fee credit cards, debit cards; life, health, car, home and travel insurance, wealth management, international payments and brokerage services. It also offers SME and corporate banking, agriculture loans, revolving credits, trade finance and trust services, investment funds, cash management, capital markets products, online banking (ScotiaWeb, Scotiabank en Línea), mobile banking (ScotiaMóvil), Scotia Cards app (app de Scotia Tarjetas), telephone banking, foreign currency exchange and more. You can use about 7,000 ATMs nationwide without commission from HSBC, Inbursa, BanBajio, BanRegio, Banca Mifel, Intercam and Mi Banco Autofin. In addition, there is Bancoppel and Multiva ATM network with preferential commission. As of September 30, 2024, Scotiabank Mexico had total assets of MXN 894 billion and deposits of MXN 552 billion. The company was founded in 1934 and is headquartered in Mexico City.

Credit Ratings:
Fitch
National Scale: AAA (mex)/F1+(mex)

Standard & Poor's:
National Scale: mxAAA/mxA-1+
Global Scale: BBB/A-2
(Ratings as of January 2025)

Grupo Financiero Scotiabank subsidiaries:
Scotiabank Inverlat, S.A.
Scotia Fondos, S.A. de C.V. is the fund management company.
Scotia Inverlat Casa De Bolsa, S.A. de C.V. is a brokerage firm.
Crédito Familiar, S.A. de C.V. provides consumer loans.
Globalcard, S.A. de C.V. Sofom E.R. provides loans and credit cards.
Servicios Corporativos Scotia, S.A. de C.V. (SECOSA) offers advisory and personnel services.
Scotia Afore, S.A. de C.V., a pension fund business, was sold to Grupo Profuturo.

Head office address:
Lorenzo Boturini 202
202 Transito
Ciudad de México CDMX
DF 06820 Mexico
Phone number: 01 55 5728 1900
Swift Code: MBCOMXMMXXX
Website: www.scotiabank.com.mx