The group of businesses headed by Oscar Lama, who also owns the franchise for the Sheraton Santo Domingo, purchased the majority of shares of Seguros Bancomercio, the insurance company of the Grupo Bancomercio, one of the ten largest insurance companies in the country. The Lamas are also the owners of the Banco Finadem, a multiple services bank that is expected to open very soon. The group also owns Hoteles Nacionales, Dollar Rent a Car, Magna Leasing, Inmobiliaria Kennedy, Magna de Corredores, Operadora de Hoteles Nacionales, among other companies.