Sign-up for Grupo Financiero Santander Mexico Announces That Its Subsidiary, Banco Santander (Mexico), S.A., Has Reached An Agreement To Acquire A Consumer Loan Portfolio Of Approximately Ps.4,100 Million From Scotiabank Mexico investment picks
By Amy Guthrie
MEXICO CITY--Grupo Financiero Santander Mexico said Tuesday it has agreed to buy a consumer loan portfolio valued at 4.10 billion pesos ($300 million) from the Mexican unit of Scotiabank, with the aim of increasing its market share in personal loans.
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