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Santander injects US$7.9 billion in its finance company in Brazil

Santander has decided to inject R$40 billion (€7.8 billion, US$7.9 billion) into the capital of its consumer finance company in Brazil, Aymoré Crédito.

The Spanish group is carrying out this operation through the Rio de Janeiro franchise, on which the company depends, using further increases, which began in May and will culminate soon with the disbursement of R$10 billion once it receives the pertinent authorizations.

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