Sancor Seguros announced $200 million in investments

The Sancor Seguros group will make investments of $200 million over the next two years, the majority of which, $85 million, will be to capitalize and launch Banco del Sol’s retail and corporate banking sector. Another essential part of the investments will be for the CITES business incubator. They plan to invest $10 million in the construction of the building and allocate $30 million to incubate new projects. Eighty-five million dollars will be invested in the real estate business for construction and financing. They plan to create at least 800 new direct jobs.

Source: Clarín