NewzForum Chile, the automotive financing and insurance subsidiary of the Spanish bank BBVA, launched a new financial solution named "Flotas & Empresas" in July. The product is designed to help small and medium-sized enterprises (smes) as well as large corporations in Chile finance vehicle acquisitions.
The initiative was detailed in a press release issued by the company, highlighting the bank's targeted expansion of corporate financial services within the Chilean commercial automotive sector.
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