Banco Promerica and Sotheby's sign strategic alliance
Banco Promerica and Dominican Republic Sotheby's International Realty have signed a strategic alliance that capitalizes on the combined strengths of both organizations to offer exclusive and competitive advantages to their clients .
This collaboration aims to strengthen the joint value proposition , enriching the investment experience of Sotheby 's clients with the support of Banco Promerica 's innovative financial solutions.
"This alliance with Sotheby's demonstrates our commitment to providing exceptional service that translates into superior investment opportunities for our clients . Together, we enhance our reach and value proposition , offering unique conditions that meet the needs of a demanding and sophisticated segment," said Carlos Julio Camilo , CEO of Banco Promerica Dominican Republic.
Among the benefits this alliance will offer are mortgage loans in Dominican pesos for up to 30 years and in US dollars for up to 20 years.
In addition, clients will have access to a suite of exclusive benefits designed specifically for Sotheby 's clients , which includes, in addition to special financing conditions, a broad portfolio of insurance policies with differentiated coverage and an expedited process for the evaluation and disbursement of facilities.
Clients will also have access to Banco Promerica 's Regional Private Banking unit , comprised of a highly trained team specialized in the high-net-worth segment, ensuring personalized and strategic financial support .
Additionally, those who purchase a property through Sotheby's will have access to stores specializing in home design and remodeling items, with interest-free financing options from 6 to 12 months.
"At Sotheby's , we are pleased to partner with Banco Promerica , an institution that shares our vision of offering premium, friendly, and client-focused service .
This merger allows our investors and buyers to have robust and personalized financial support , expanding investment opportunities in the luxury real estate sector in the Dominican Republic," said Sergio Llach, president of Dominican Republic Sotheby's International Realty.
- With this alliance , both institutions reaffirm their commitment to promoting high-level experiences and solutions , strengthening their presence in the high-net-worth client segment in the region.
Dominican Republic Sotheby's International Realty is the leading luxury real estate firm in the Dominican Republic, specializing in exclusive residences in world-class destinations such as Casa de Campo®, Puntacana Resort & Club®, Cap Cana®, and select properties in Santo Domingo.
Headquartered in Santo Domingo, Banco Promerica is a multi-service bank with a 24-year local presence, focusing on serving personal customers , small and medium-sized businesses , corporate and institutional clients , and the payment services business.
Banco Promerica is a member of Grupo Promerica (through its parent company, Promerica Financial Corporation), which operates in nine countries in Central America, Ecuador, the Cayman Islands, and the Dominican Republic.
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