Chilean financial group Grupo Security plans to make a capital increase of more than US$55m during the first half of November, local press reported.
Grupo Security is active in a wide range of sectors such as banking, insurance, factoring, stock brokerage and mutual fund administration.
The group plans to increase its capital in order to finance the development of its affiliates, according to the report.
Feller recently confirmed its A rating on Grupo Security with a stable outlook.
Source: Business News Americas
