Caja Madrid to buy the entity Mexican real estate loans Your Casita

The Spanish savings bank Caja Madrid bought the participation of 60% which was not controlled by the Mexican establishment of His Casita Mortgage loans, totaling 342 million dollars (214.7 million euros), announced on Monday night.
"The board of Caja Madrid today approved unanimously the purchase of 60% of Your Mortgage Casita (HSC), the first independent financial mortgage and ninth financial institution in Mexico, which now control the entire capital," according to a press release. Caja Madrid era propietaria de un 40% de HSC desde abril de 2006. Caja Madrid owned 40% of HSC since April 2006.
"This transaction strengthens the international strategy of Caja Madrid projected in its strategic plan 2006-2010, and joins the recent purchase of U.S. bank National City Bank," said the communique.
HSC has a national network of 200 outlets with presence in all Mexican states and four offices in the United States (Denver, Dallas and two in Chicago). Su plantilla era de 1.592 empleados en diciembre de 2007, precisó Caja Madrid. His template was 1592 employees in December 2007, Caja Madrid said.
In mid-April, Caja Madrid announced the purchase of 83% of U.S. bank City National Bank of Florida by 927 million dollars (584 million euros).