Mexican Lender Is Battered by Missing Money, Hidden Losses
Crédito Real, whose loans were repaid through payroll deductions, is about to file for bankruptcy in Mexico.
Crédito Real, S.A.B. de C.V., Sociedad Financiera de Objeto Múltiple, Entidad No Regulada, a non- banking institution, provides financial solutions and services in Mexico. It offers leasing and payroll services, semi-new and used vehicle loans, and working capital finance for SMEs. On June 22, 2022, Credito Rel, S.A.B. de C.V., SOFOM, E.N.R. filed an involuntary petition for relief under Chapter 11 of the United States Bankruptcy Code. The company provides financial services to its clients. The company was incorporated in 1993 and is based in Mexico City, Mexico.
0.354 | |
0.354 | |
- | |
0.354 | |
0.354 | |
0.354-0.354 | |
133 M | |
0.2087 | |
369 M | |
4 509 M | |
-0.97 | |
0.368 |
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Crédito Real, whose loans were repaid through payroll deductions, is about to file for bankruptcy in Mexico.
MEXICO CITY, June 10 (Reuters) - Mexico's Credito Real terminated its contractual agreements with the firms that acted as its restructuring and legal advisors, as it continues to evaluate options for ...
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