<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1665-5346</journal-id>
<journal-title><![CDATA[Revista mexicana de economía y finanzas]]></journal-title>
<abbrev-journal-title><![CDATA[Rev. mex. econ. finanz]]></abbrev-journal-title>
<issn>1665-5346</issn>
<publisher>
<publisher-name><![CDATA[Instituto Mexicano de Ejecutivos de Finanzas A.C.]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1665-53462023000200003</article-id>
<article-id pub-id-type="doi">10.21919/remef.v18.2.777</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Asset Specialization as a Long-Term Strategy for Banks in Mexico]]></article-title>
<article-title xml:lang="es"><![CDATA[La especialización de activos como estrategia de largo plazo para la banca en México]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Llanos]]></surname>
<given-names><![CDATA[Luis Felipe]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Vela-Beltrán-del-Río]]></surname>
<given-names><![CDATA[César]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Anáhuac México  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2023</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2023</year>
</pub-date>
<volume>18</volume>
<numero>2</numero>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1665-53462023000200003&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1665-53462023000200003&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1665-53462023000200003&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract Our objective is to establish whether the level of assets, liabilities, and income diversification of the Mexican banks is related to their profitability and risk levels. Using the financial information of the 15 key banks, between 2010 and 2021, along with the Herfindahl-Hirschman Index and a series of polynomial regression analyzes, we calculated the diversification level of each bank. We also computed a series of inflection points suggesting that Mexican banks need to adopt an asset specialization long-term strategy, but to a point because a radical transformation would be detrimental to both return and risk. Similarly, we do not recommend venturing into a radical income diversification strategy, for the same reason. On the other hand, the liability diversification strategy is difficult to apply for achieving the mentioned objectives. Furthermore, we would like to emphasize that our analysis takes into consideration the high presence of foreign banking affiliates in Mexico.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El objetivo del artículo conocer si el nivel de diversificación de activos, pasivos o ingresos, de los bancos mexicanos está relacionado con su rentabilidad o riesgo. Con información financiera entre el 2010 y 2021, de los 15 principales bancos, se recurrió al Índice Herfindahl-Hirschman para calcular el nivel de diversificación de activos, pasivos o ingresos de cada uno de los bancos, y a partir de una serie de análisis de regresión polinomial sobre las variables de rentabilidad y riesgo, se obtuvieron una serie de puntos de inflexión que sugieren que los bancos mexicanos requieren adoptar una estrategia de largo plazo de especialización de activos, pero solo hasta cierto punto, ya que si se quiere una transformación radical sería perjudicial para la rentabilidad y el riesgo. Por otra parte, se sugiere no incursionar en una modificación radical de sus fuentes de ingresos. Mientras que los pasivos son más difíciles de manipular para lograr los objetivos mencionados. Lo interesante del estudio es el alcance sobre el sistema bancario mexicano, el cual tiene una la alta presencia de filiales extranjeras.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[asset diversification]]></kwd>
<kwd lng="en"><![CDATA[liability diversification]]></kwd>
<kwd lng="en"><![CDATA[income diversification]]></kwd>
<kwd lng="en"><![CDATA[banking diversification]]></kwd>
<kwd lng="en"><![CDATA[banks in Mexico]]></kwd>
<kwd lng="es"><![CDATA[diversificación de activos]]></kwd>
<kwd lng="es"><![CDATA[diversificación de pasivos]]></kwd>
<kwd lng="es"><![CDATA[diversificación de ingresos]]></kwd>
<kwd lng="es"><![CDATA[diversificación bancaria]]></kwd>
<kwd lng="es"><![CDATA[bancos en México]]></kwd>
</kwd-group>
</article-meta>
</front><back>
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