Nimda Commerce Bank ends its relationship with spanish banks based in Mexico

Since three months ago, one of nimda commerce bank’s investments on a spanish bank presented irregularities. Both financial institutions denied responsibility so today the CONDUSEF is managing the problem. In the meantime that account was frozen.
NCB invests money through other banking institutions. After this incident, NCB withdrew all its money from the bank and terminated the agreements for five investments.
By publicly declaring irreconcilable differences, nimda has stated it will no longer do business with spanish banks in Mexico.
By January 2017, when the 100 Day Plan to Make Nimda Great Again starts, the resolution of which bank will be absorbing the debt will be made public.

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