Mexico City /
The Mexican financial company in the process of liquidation Crédito Real announced that this Tuesday the sale of Credito Real USA Finance, LLCan indirect subsidiary of the company.
In an announcement sent to the Mexican Stock Exchange (BMV), sofom indicated that it is a follow-up to the announcement he made on March 21when a United States judge authorized the sale of a subsidiary in that country to Bepensa Capital.
The above as part of the bankruptcy process in which the non-bank financial company has been immersed for a year and after requesting in July to file for Chapter 15 of the United States bankruptcy law as part of a restructuring.
Crédito Real is a financial institution with presence in United States, Costa Rica, Panama, Nicaragua and Honduras, Focused on granting discounted payroll loans, loans for SMEs, group loans, used car loans and through Instacredit, consumer loans.
It offered products primarily to the low- and middle-income segments of the population, which have historically been underserved by other financial institutions.
AMP
