Banco Santander (Mexico) S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico | CIK:0001698287 | 3

  • Filed: 3/28/2018
  • Entity registrant name: Banco Santander (Mexico) S.A., Institucion de Banca Multiple, Grupo Financiero Santander Mexico (CIK: 0001698287)
  • Generator: Merrill
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1698287/000104746918002211/0001047469-18-002211-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1698287/000104746918002211/bsmx-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001698287
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    • ifrs-full:DescriptionOfAccountingPolicyForDividendsExplanatory

    w)   Dividend distribution

    Dividend distributions to the Bank’s shareholders are recognized as a liability in the Bank’s consolidated financial statements in the period in which the dividends are proposed by the Board of Directors and approved by the Bank’s shareholders.