tPago Introduces new tPago.net Web Service

The technological solution, tPago, announced the launch of its new partner product “tPago.Net”, through which users can shop easier online. During a cocktail hosted at Mitre, the company referred to its commitment towards innovation, with aims to adapting to their customers’ needs.

Thanks to the integration of this new service to TPago, the company responsibility strengthens to continue expanding its product portfolio, saving the user time, given that in few steps, the customer can issue payments from their savings/checking account or credit card.

Any TPago member can, easily, identify the pages that offer “payments through tpago.net” through the TPago link, and after filling your shopping cart online, you will find TPago among the available payment options.

About tPago:

tPago is a service provide by GCS System, a company in the Financial Services portfolio of assets administered by VICINI. 

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: El Caribe

An Owners Club

An Owners Club - Edom

Empresas Dominicanas formed the first Alfa Romeo owners club of the Dominican Republic. The ensemble is known internationally as ALFISTI. To formally start this circuit, a gathering was hosted at the EDOM Showroom, which featured the attendance of about twenty one Alfa Romeo vehicle owners, of different models.

At the event, Alfredo Sánchez was appointed president of the new club, whom will meet at least once monthly in different venues in the city or towns in the country.

In the Alfisti Club, owners have the opportunity to share experiences regarding driving and vehicle evolution in the Alfa Romeo brand, which is known worldwide by the prestige it holds and the careful detail these cars feature in their interior as well as exterior.

WORLD IMPACT OF THE CLUB AND CARS

At Alfisti, there are owners of the latest Alfa Romeo models, such as the 159, the Giulietta and the Mito, and according to Rocío Rivera, Marketing Manager for EDOM, they expect owners of collection models to also join the club, such as the Alfa Romeo Spider, the Brera, the 147 or the 156. Of the current Alfa Romeo models, the Giulietta is the one causing most impact right now market-wide with over 160,000 units sold worldwide in the three years since its launch, and one of them features a featured role in the recent film production “The Fast and the Furious 6”.

About EDOM:

EDOM is the authorized representative in the Dominican Republic of the brands: Alfa Romeo, Fiat, Iveco, Vespa, Case Ih Agriculture, New Holland Construction, New Holland Agriculture, Kobelco, Cifa and Petronas Lubricants. It is a company in the Retail, Food and Beverage portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Listin Diario

Progreso Offers Credit-Building Products

Within the framework of all measures the financial intermediation authorities are offering in order for persons to recover their credit history, Banco del Progreso informed featuring a series of financial products based on warranties the client must own, be it a savings bond or their monthly salary.

These are three types of products: the first, loans on savings bond warranty, which is the way the bank lends you an amount, featuring the savings bond as a warranty prior to its expiration date.

Loans with “quick approval, comfortable monthly quotas, competitive interest rates, extraordinary quotas at no extra charge, and an optional unemployment policy”, says the bank.

The second available service is payroll loans. Offered to persons whom receive their salary through a Progreso account and have never owned credit history. Their monthly salary is their warranty.

Lastly, credit cards with savings bond warranty, whose guarantee is the savings bond held at the bank, and featuring as a credit limit, up to 60% of the capital tied in the bond.

About Banco del Progreso:

Banco del Progreso is a company in the Financial Services portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Diario Libre

Progreso Branch Office

Santiago

The third branch office adapted to the new branch office model developed by Banco del Progreso was inaugurated at Plaza Fernández in the la Fuente neighborhood in Santiago.

The structure is the first of its kind in this city, which displays a very avant-garde and transparent design, featuring color accents and a relationship of its core values such as agility, efficiency and highlighting the Progreso identity, located in a centric and easy-access commercial zone.

Andrés Gustavo Pastoriza, member of the Banco del Progreso Board of Directors, Francisco Concepción, Senior VP of Personal Banking, and Eselia Báez Deputy VP Business Northern Region, headed the ceremony.

About Banco del Progreso:

Banco del Progreso is a company in the Financial Services portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

Induveca Received Labor Safety Certification

Induveca Received Labor Safety Certification

The General Department of Hygiene and Industrial Security (DGHSI) delivered to INDUVECA, the 3-year certification, which credits them for the due compliance of safety and labor health, established in Regulation 522-06.

The certification ceremony, took place within the framework of World Day for Safety and Health at Work, which is celebrated yearly on April 286h, presided by the Minister of Labor, Mrs. Maritza Hernández.

Also another 48 companies were certified, which are also currently implementing all elements of the referred regulation and which attained a result over 80 points in the audit conducted by the technical team of the DGHSI.

Pleased. The certification was received by Nieves Ramos, Corporate HR Director, whom assured that receiving this accreditation by the Ministry of Labor, throughout the General Department of Hygiene and Industrial Safety, as a company that meets the Health and Safety at Work norms, this gives us an enormous satisfaction and makes us feel privileged because this distinction is achieved by a common effort to protect in an integral manner, all of our collaborators.

About INDUVECA:

Induveca is a company in the Food and Beverage portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Hoy

Popular and tPago Agree Banking Inclusion Support

Santo Domingo

Banco Popular Dominicano, and GCS Systems (tPago) signed an agreement to develop different initiatives that will promote the financial inclusion of thousands of Dominican citizens whom currently cannot access traditional banking services.

This way, both companies began cooperating on displaying and implementing a series of established financial operations throughout non-banking commercial establishments.

This collaboration framework will allow Popular and GCS Systems to carry out a pilot plan in different bodegas, pharmacies and commercial establishments in the capital. In them, customers are offered access to the virtual wallet, a prepaid bank account in Banco Popular, linked to a mobile phone connected to tPago, in which customers can load with cash, in any of the affiliated banking agents and can simply perform transactions such as airtime reload, transfers, and bill payments, among others.

About tPago:

tPago is a service provide by GCS System, a company in the Financial Services portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario

Cruise Season Ends

Cruise Season Ends

Featuring the extraordinary support of security agencies, Sans Soucí Port of Santo Domingo, successfully completed 2012-2013 cruise season, which featured the visit of thousands of cruise tourists visiting the Primed City of America.

In that sense, the Port of Santo Domingo hosted a appreciation act to distinguish the support given to developing the cruise tourism on behalf of entities such as the Ministry of Tourism, the Dominican Port Authority, the City Hall of East Santo Domingo, the City Hall of the National District, the Tourist Police, the Marine Corps, the DNCD and the National Police.

Also distinguished for their contribution were the Metropolitan Transit Authority (AMET), the Specialized Port Safety Corps (CESEP), the General Migration Department, the General Customs Department and the Ministry of Agriculture.

In that order, Jaime Castillo, Executive Director of Sans Soucí Ports, emphasized the high level of commitment and integration reached by the Tourist Police and other authorities, which translated in absence of safety incidents.

“Stowaways were null this season; we had no registration of any incident, same in relation to incidents regarding narcotics, he expressed. The joint work we have been doing alongside these institutions has been key for the Port of Santo Domingo to be considered as one of the most efficient”, Castillo said.

About Sansouci:

Sansouci is a company in the Real State & Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Listin Diario

Port of Santo Domingo Finishes Season With Thousands of Visits

Port of Santo Domingo Finishes Season With Thousands of Visits

Sansoucí. The Port of Santo Domingo finished the 2012-2013 cruise season with thousands of registered visits to the Colonial City. Jaime Castillo, Executive Director of Sans Soucí Ports, emphasized the high level of commitment and integration reached by the Tourist Police and other authorities, which translated in absence of safety incidents.

The joint work we have been doing alongside these institutions has been key for the Port of Santo Domingo to be considered as one of the most efficient, safe and modern of the Caribbean”, Castillo said.

The Port of Santo Domingo hosted an appreciation act to distinguish and thank the support received by many institutions such as: the Ministry of Tourism, the Dominican Port Authority, the City Hall of East Santo Domingo, the City Hall of the National District, the Tourist Police, the Marine Corps, the DNCD, the National Police, the Metropolitan Transit Authority (AMET), the Specialized Port Safety Corps (CESEP), the General Migration Department, the General Customs Department and the Ministry of Agriculture.

On another note, Castillo also distinguished other important milestones reached during the past season, among them he cited the operational commencement of the Mediterranean Shipping Company (MSC) with their vessel the MSC Lirica.

The executive of Sans Soucí Ports pointed out that these conditions facilitate for the Port of Santo Domingo to be considered to introduce new cruise offers, such as the case of the MSC Cruise Line, which in the 2013-2014 season will increase its dockage stops by integrating its vessel the MSC Musica.

This line, which featured ten embarkations last season will increase to 17 for the coming season, and tourist flux will increase from 2.000 to 3,000.

About Sansouci:

Sansouci is a company in the Real State & Tourism portfolio of assets managed by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years. VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

SOURCE: Hoy

Progreso Supports Monetary Board Measure

Santo Domingo

“Banco del Progreso has never charged interests over interest”, so ensured the executive VP of the bank, Andrés Bordas Burlet, upon making reference to the latest resolution issued by the Monetary Board on credit cards, during which he made emphasis on their support to the provision.

Silverman pointed out that the banking organization features expert personnel specialized in the oversight area, and therefore these topics have been solved for quite some time. He emphasized that Banco del Progreso also implements the issue of customer bank statements.

Silverman participated at the LISTIN DIARIO ON GLOBALIZATION gathering, hosted by Economist Juan Guiliani, for this section of Economy and Business, joined by the Exec. VP of Progreso, Andrés Bordas Butler, María Isabel Grullón and Tony Arias Gil.

According to Bordas Butler, the Monetary Board regulation standardizes the interests calculation methodology in all DR Banks. Prior to the measure implementation, banks differed and now the system is universal, asides translating to an advance for transparency in bank statements, as well as the introduction of an unannounced rate, he said. Bordas explained this is very favorable because the client needs to be aware of what the determined costs of a financial product are, in light of the existence of low interest rates to some and higher in others, as well as greater flexibility and access to the majority of products.

He precised that from the transparency point of view, the measure is very favorable, although it must be accompanied by customer financial education, so it is properly understood.

The Progreso executives participated in the meeting prior to the celebration of the Shareholders Assembly, where information was disclosed on the total assets surpassing RD$39,000 million

About Banco del Progreso:

Banco del Progreso is a company in the Financial Services portfolio of assets administered by VICINI.

The VICINI family has invested in different economic sectors in the Dominican Republic for over 140 years VICINI is one of the companies that has contributed significantly to the development and industrialization of the country.

Source: Listin Diario