SPANISH BANKS INVEST.Spanish banks
adj. heft·i·er, heft·i·est 1. Of considerable weight; heavy. 2. Rugged and powerful. See Synonyms at heavy. 3. investments in the local banking market, reports Listin Diario (May 28, 2002). Banco de Sabadell Sabadell (säbəthĕl`lyə), city (1990 pop. 192,142), Barcelona prov., NE Spain, in Catalonia. Since medieval times, it has been a leading textile center. Chemicals, engines, electrical equipment, and fertilizers are also made. is reported to have paid US$20 million to purchase 20% of the shares of Banco Hipotecario Dominicano. Bancaja has opened negotiations with the Grupo Financiero Popular to pay US$21 million for 15% of that bank's shares. Caja de Asturias Asturias (äst `ryäs), autonomous region (1990 pop. 1,128,372) and former kingdom, NW Spain, S of the Bay of Biscay and E of Galicia, and coextensive with Oviedo prov. has an agreement with Bancredito
for the development of future projects. And Banco Bilbao Vizcaya
Argentaria has opened an office here.
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