Thursday, June 21, 2007

Scotiabank Mexico to Co-Finance Homes for Government Workers

Dow Jones Newswires, Anthony Harrup, 21 June 2007The Mexican unit of the Bank of Nova Scotia, Grupo Scotiabank, signed an agreement Thursday with the State Workers Social Security Institute, or Issste, to co-finance mortgages for government employees.The program is similar to one implemented by Infonavit, the government-run mortgage fund for private-sector workers, where employees can use funds

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