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Mexico

ING Acquires Controlling Interest in Seguros Comercial America

The diversified group of companies called Savia has announced that it has reached a final agreement with ING Group, under which the Dutch financial services company will acquire all of the remaining outstanding shares of the subsidiary that holds Seguros...

Factoraje Comercial America Reports Fourth Quarter and Full Year...

Factoraje Comercial America S.A. de C.V., the factoring subsidiary of one of Mexico’s leading insurance companies (Seguros Comercial America), today…

#insurance


Grupo Financiero Santander Mexicano Report Third Quarter Results as...

The finance group Santander Mexicano has today announced a net income of P$677 million for the third quarter of 2000,…

#insurance


Lack of Information Threatens Lending

Fears have been voiced by a Mexican banker that inadequacies in the provision of information are threatening lenders. Victor Borras,…

#BBVA#cash-flow#i

Positive Reaction to Mexican Election

The election result for 2 July was better than expected. The financial markets reacted very well, with falls in country…

#interest#interest rates#risk

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