Room for more.Mergers and acquisitions are afoot in the banking sector. GMAC GMAC General Motors Acceptance Corporation GMAC Graduate Management Admission Council GMAC Give Me A Call GMAC Genetic Manipulation Advisory Committee GMAC Genetic Modification Advisory Committee (Singapore) GMAC Give Me A Chance Financiera, a Mexican Mexican named after or originating in Mexico. Mexican axolotl see ambystomamexicanum. Mexican beaded lizard (Heloderma horridum mortgage provider, bought a home-loan portfolio valued at US$307 million originated by another Mexican mortgage company, Hipotecaria Nacional. Scotiabank, a Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. bank, signed an agreement to buy 80% of Hipotecaria Credito y Casa, Mexico's No. 3 mortgage provider. The transactions should be complete by early 2005, pending regulatory approval. That wasn't all for Scotiabank. It offered $180 million for 100% of Banco de Comercio, El Salvador's fourth-largest bank and will merge it with Scotiabank El Salvador El Salvador (ĕl sälväthōr`), officially Republic of El Salvador, republic (2005 est. pop. 6,705,000), 8,260 sq mi (21,393 sq km), Central America. in the first quarter of 2005. The new bank would have $1.60 billion in assets. |
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