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Geo Says Lines Still Open

Dec 22, 2008

Mexican housing developer Corporacion Geo says it expects to continue to have access to peso financing and that existing bank lines are solid....

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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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