EconomyThe largest payroll lender in Mexico negotiates liquidation of...

The largest payroll lender in Mexico negotiates liquidation of liabilities

Credito Real , the largest payroll lender in Mexico, reported Tuesday that it is negotiating with several of its bank creditors to settle its liabilities.

On July 19, Crédito Real reported that to insure assets.

“Such efforts will continue with those that have not yet been paid,” the firm said in a statement sent to the Mexican Stock Exchange (BMV).

Crédito Real, which also offers loans to SMEs and auto loans, has a presence in the United States, Costa Rica, Panama, Nicaragua and Honduras.

In 2020, the firm bought a part of the portfolio of the defunct Banco Ahorro Famsa.

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