United Kingdom international banking Real Estate News Blog; July, 2008 Archive

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United Kingdom international banking Real Estate News Blog; July, 2008 Archive

Spanish Banks Are Looking to Buy in the UK

07/30/08 12:23

Despite the economic turmoil created by the housing crisis, Spanish banks are looking to buy mortgage institutions in Great Britain. Their diversification into Latin America have assisted in their movement into other markets. Spanish banks have also held larger than normal reserves in the event foreclosures threaten revenue.
News: Property: the Spanish are coming - Property, House & Home - The Independent

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