BANCRECER AUCTION
Tags: BANCRECER SA; AUCTIONS; BANKING industry
Related Articles
- BANCRECER SALE. // Business Mexico;2001 Special Edition, Vol. 10/11 Issue 12/1, p12
Announces the sale of BanCrecer bank by the Bank Deposits Protection Institute (IPAB) in Mexico. Claims of IPAB Director Eugenio Garza on the separations of the banks; Ways in selling BanCrecer; Authority of IPAB over BanCreser.
- TO THE RESCUE. // Business Mexico;2000 Special Issue, Vol. 9/10 Issue 12/1, p10
Discusses the Institute for Savings Protection's (IPAB) takeover of two of Mexico's ailing banks. Infusion of $10 billion into Bancrecer; Advice given by Deutsche Bank; Similarity of IPAB with Fobaproa.
- Mexico is Expected to Take Control of Bank. // American Banker;7/28/1999, Vol. 164 Issue 143, p24
Discusses plans by Mexican regulators to assume formal control of BanCrecer. Comments by Fauzi Hamdam of the National Action Party; Expectations that the Mexican deposit insurance agency will name a new board of directors.
- Mexico's Banorte Eyes Bancrecer Bid. KRAUS, JAMES R. // American Banker;4/16/1999, Vol. 164 Issue 72, p22
Highlights the plan of Grupo Financiero Banorte of Mexico to purchase all or part of Bancrecer SA, a troubled institution that has put itself up for auction. Bancrecer's holding of 1600 branches; Strengthening of Banorte's national network; Achievement of corporate growth through acquisitions.
- E-Auctions: Coming, Coming, Here. Gamble, Richard // Treasury & Risk Management;Nov2003, Vol. 13 Issue 10, p44
Focuses on the benefits that a company from electronic auctions. Participation of banks in electronic auctions of corporate treasuries; Services of third-party e-auction hosts.
- THE AUCTION BLOCK. Lesenarova, Hana // Prague Business Journal;11/5/2001, Vol. 6 Issue 44, p1
Reports the efficacy of the involuntary auctions of banks against bad debtors in Czech Republic. Number of banks adopting the involuntary auctions; Deals formed by the auctions; Flaws in the legislation for involuntary auctions.
- Merger candidates turn to auctions. Elstein, Aaron // American Banker;2/3/1998, Vol. 163 Issue 22, p26
Presents information on the use of auctions by bankers to cement mergers and the benefits to be derived from this practice. Detailed information on this move; Benefits of this move; Comments from Eric Rothman, bank analyst and others.
- Company news. Cordeiro Estrela Pinto, Jo�o // Business Mexico;Feb2002, Vol. 12 Issue 2, p13
Presents developments on businesses as of February 2002 in Mexico. Benefits of the residents on the deal between Wells Fargo and Co. and BBVA-Bancomer; Inauguration of the offices of Toyota Motor Sales de M�xico; Acquisition of Bancrecer Bank by Grupo Financiero Banorte.
- Changing with the times. Marshall, Jeffrey // U.S. Banker;Jun98, Vol. 108 Issue 6, p56
Reports in June 1998 that auction companies are used by banks to sell off unwanted properties acquired during acquisitions. Traditional sales of auction companies for banks; Names of various auction companies that have sold bank property including National Auction; Description of an auction by...


