Leading Mexican Mortgage Co Plans 64% Loan Growth In 2005 - 2005-01-14
Mexico's largest private mortgage company, Hipotecaria Nacional, said Friday it will grant 64% more mortgages this year than in 2004.
Hipotecaria Nacional, which was acquired last year by Spain's Banco Bilbao Vizcaya Argentaria (BBVA), said it plans to make 36,000 home loans, or 26% of the 139,000 mortgages that private-sector banks and non-bank mortgage companies aim to grant between them.
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