Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (BMV:CREAL *), an unknown fund managed by Promecap Capital de Desarrollo, S.A. de C.V. and Credit Suisse Mexico Credit Opportunities Trust 2, managed by Credit Suisse Asset Management acquired Loan Portfolio of Banco Ahorro Famsa, S.A., Institución De Banca Múltiple.
January 08, 2021
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Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (BMV:CREAL *), an unknown fund managed by Promecap Capital de Desarrollo, S.A. de C.V. and Credit Suisse Mexico Credit Opportunities Trust 2, managed by Credit Suisse Asset Management (Mexico) acquired Loan Portfolio of Banco Ahorro Famsa, S.A., Institución De Banca Múltiple on January 7, 2021. Transaction was approved by Mexican Bank Savings Protection Institute (Instituto para la Protección al Ahorro Bancario or “IPAB”) and Mexican Federal Economic Competition Commission (Comisión Federal de Competencia Económica or “Cofece”).
Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (BMV:CREAL *), an unknown fund managed by Promecap Capital de Desarrollo, S.A. de C.V. and Credit Suisse Mexico Credit Opportunities Trust 2, managed by Credit Suisse Asset Management (Mexico) completed the acquisition of Loan Portfolio of Banco Ahorro Famsa, S.A., Institución De Banca Múltiple on January 7, 2021.
Credito Real SAB de CV SOFOM ENR, formerly known as Credito Real SAB de CV Sofom ER, is a Mexico-based company that provides consumer financing. The Company provides loans, either by providing direct financing to consumers or by establishing financing programs with consumer financing dealers that sell to Credito Real the collection rights from consumer financing products. Additionally, It provides financing directly to individuals that are employed by corporations with payroll deduction agreements with consumer financing dealers authorized by Credito Real. It operates through a number of subsidiaries, including AFS Acceptance LLC.
Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada (BMV: CREAL *), an unknown fund managed by Promecap Capital de Desarrollo, S.A. de C.V. and Credit Suisse Mexico Credit Opportunities Trust 2, managed by Credit Suisse Asset Management acquired Loan Portfolio of Banco Ahorro Famsa, S.A., Institución De Banca Múltiple.