, Brazil's largest private-sector lender,
formed a 1 billion real ($493 million) joint venture with
smaller rival Banco BMG to offer payroll-deductible loans, the
fastest-growing personal loan segment in Latin America's largest
economy.
Tuesday, July 10, 2012
UPDATE 3-Itau Unibanco, BMG form $493 mln payroll loan venture
SAO PAULO, July 10 (Reuters) - Ita� Unibanco Holding
, Brazil's largest private-sector lender,
formed a 1 billion real ($493 million) joint venture with
smaller rival Banco BMG to offer payroll-deductible loans, the
fastest-growing personal loan segment in Latin America's largest
economy.
, Brazil's largest private-sector lender,
formed a 1 billion real ($493 million) joint venture with
smaller rival Banco BMG to offer payroll-deductible loans, the
fastest-growing personal loan segment in Latin America's largest
economy.
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