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BBVA-Bancomer. (Company News).


The Mexican Mexican

named after or originating in Mexico.


Mexican axolotl
see ambystomamexicanum.

Mexican beaded lizard
(Heloderma horridum
 government said it had completed the sale of its remaining 63.4 million shares in banking group BBVA-Bancomer for US$46.9 million. The state-owned Bank Savings Protection Institute (IPAB IPAB Instituto para la Proteccion al Ahorro Bancario (Mexico)
IPAB International Program for Antarctic Buoys
) said in a statement it sold the shares in BBVA-Bancomer, created two years ago when Spanish Spanish, river, c.150 mi (240 km) long, issuing from Spanish Lake, S Ont., Canada, NW of Sudbury, and flowing generally S through Biskotasi and Agnew lakes to Lake Huron opposite Manitoulin island. There are several hydroelectric stations on the river.  financial giant BBVA BBVA Banco Bilbao Vizcaya Argentaria (First Bank of Spain)  merged its Mexican unit with Mexican bank Bancomer in transactions in November, December and January. BBVA-Bancomer said in early February it posted fourth-quarter earnings per share of 19 centavos, slightly below estimates of between 20 and 21 centavos, the result of upping the funds set aside to pay bad loans, analysts said.
COPYRIGHT 2003 American Chamber of Commerce of Mexico A.C.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Mexican government said it had completed the sale of its remaining 63.4 million shares in banking group BBVA-Bancomer
Author:Gudmastad, Mark
Publication:Business Mexico
Article Type:Brief Article
Geographic Code:1MEX
Date:Mar 1, 2003
Words:103
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