Spain's Santander buys Dutch firm for 22 mln euros

Newswire

MADRID, Sept 24 (Reuters) - Spain's largest bank Santander Central Hispano said on Friday it had bought Dutch car financing unit Abfin BV from SNS Reaal Groep for 21.9 million euros ($26.94 million). Abfin manages 258 million euros of assets, and has around 10 percent of the market for financing independent concessions in the Netherlands, Santander said in a statement.

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