Banco Promerica and Sotheby’s International Realty sign a strategic alliance for the benefit of their high-net-worth clients

• Banco Promerica and Dominican Republic Sotheby's International Realty have signed an alliance offering exclusive financing terms to high-net-worth clients.

Tuesday 14 May 2025, Santo Domingo – Banco Promerica and Dominican Republic Sotheby’s International Realty sign a strategic alliance that capitalises on the combined strengths of both organisations to offer competitive, exclusive advantages to their clients.

This collaboration aims to reinforce the joint value proposition, enriching the investment experience of Sotheby’s clients with the backing of Banco Promerica’s innovative financial solutions.

“This alliance with Sotheby’s is a sign of our commitment to offering exceptional service that translates into superior investment opportunities for our clients. “Together, we strengthen our reach and our value proposition, offering unique terms that meet the needs of a demanding and sophisticated segment,” said Carlos Julio Camilo, executive president of Banco Promerica República Dominicana.

The benefits this alliance will offer include mortgage loan facilities in Dominican pesos for up to 30 years and in US dollars for up to 20 years. Clients will also be able to access a suite of exclusive benefits designed especially for Sotheby’s clients, which as well as special financing terms includes a broad portfolio of insurance with differentiated cover and a fast process for the assessment and disbursement of the facilities.

Clients will also have access to Banco Promerica’s Regional Private Banking unit, made up of a highly trained team specialising in the high-net-worth segment, which guarantees personalised, strategic financial support.

In addition, those who buy a property through Sotheby’s will have access to shops specialising in home design and refurbishment items, with interest-free financing options from 6 to 12 months.

“At Sotheby’s we are delighted to partner with Banco Promerica, an institution that shares our vision of offering a premium, close and client-centred service. This union means our investors and buyers can count on robust and personalised financial backing, broadening the possibilities for investment 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 driving high-level experiences and solutions, strengthening their presence in the high-net-worth client segment in the region.

About Dominican Republic Sotheby’s International Realty.

Dominican Republic Sotheby’s International Realty is the leading luxury real estate firm in the Dominican Republic, specialising in exclusive residences in world-class destinations such as Casa de Campo®, Puntacana Resort & Club®, Cap Cana® and select properties in Santo Domingo. We combine global reach with local knowledge, offering exceptional service to demanding clients who are looking for the best in investment, lifestyle and sophistication in the Dominican Republic.

About Banco Promerica

Headquartered in Santo Domingo, Banco Promerica is a full-service bank with 24 years of local presence, with an emphasis on serving personal customers, small and medium-sized businesses, corporate and institutional clients, and on the payment methods business. Banco Promerica is a member of Grupo Promerica (through the holding company Promerica Financial Corporation), which operates in 9 countries located in Central America, Ecuador, the Cayman Islands and the Dominican Republic.