BBVA Bancomer. (Dear Shareholder).

The Mexican bank's net income grew 10% in the third quarter after completing loan payments for the 1996 acquisition of Banca Cremi and Banco de Oriente. Non-banking assets, such as its pension fund business, boosted revenue and accounted for 26% of the bank's quarterly income.

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Publication:	Latin Trade
Article Type:	Brief Article
Geographic Code:	1MEX
Date:	Mar 1, 2003
Words:	45
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