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Bancredito Files Complaint on Tricom

Aug 28, 2007

Bancredito in Panama has filed a complaint in New York State Supreme Court against Luis Alvarez Renta, related to the issuance of a series of loans for the purchase of shares in cell phone service provider Tricom. "We are moving forward in the US courts to recover...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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