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Homes become bank-owned properties after homeowners default on their mortgages and the bank forecloses. If no one opts to buy a foreclosure home at auction, the bank or mortgage lender or servicer ...
After his death a year later, his son, Carlos Rodriguez-Pastor, acquired the bank, creating the conglomerate. The first entity it created was the real estate company Urbi Propiedades, later renamed Interproperties. [5] In 2022, the company expressed its interest in acquiring the Banco del Pacífico, one of the main banks in Ecuador. [6]
It manages the real estate assets of Breca. It focuses on the development of commercial real estate and main offices, and optimizes the assets owned by the group. Among its achievements are the most modern main office buildings in the country, a sector in which Breca is a leader. It also has a commercial division that operates shopping centers.
Real estate owned, or REO, is a term used in the United States to describe a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. [1]
Interbank office in Arequipa. In 1897, Elias Mujica opened an agency at the Jirón de la Unión in Lima's historic centre under the name of Banco Internacional.In 1934, branches were opened in Chiclayo and Arequipa, and later expansions included Piura, Sullana and other places in Peru.
BCP ATMs in Huaraz, Peru. Banco de Crédito del Perú (BCP), was founded by a group of Italian-Peruvian businessmen on April 9, 1889, and called during its first 52 years "Banco Italiano" ("Italian Bank"), adopting a credit policy based on the principles that would guide institutional behavior in the future.
Location of Peru. Peru is a country in western South America. Services account for 53% of Peruvian gross domestic product, followed by manufacturing (22.3%), extractive industries (15%), and taxes (9.7%). [1] Recent economic growth has been fueled by macroeconomic stability, improved terms of trade, and rising investment and consumption. [2]
National Bank for Economic and Social Development (BNDES) (Federal Government-owned) Espírito Santo Development Bank (BANDES) (State of Espírito Santo-owned) Minas Gerais Development Bank (BDMG) (State of Minas Gerais-owned) Far South Regional Development Bank (BRDE) (States of Paraná, Santa Catarina and Rio Grande do Sul-owned)
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