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August 10, 2025
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Popular Banco ratifies his “AAA” qualification of Feller Rate

Popular Banco ratifies his "AAA" qualification of Feller Rate

He Dominican Popular Bank He reported today that he received confirmation of the highest solvency rating in the market, “AAA“, with a stable perspective, by the qualifying agency Feller-Ratewhich recognizes the business profile of the financial organization and highlights its income generation capacity and its prudent risk management.

The qualification “AAA“It reflects that the situation of the financial institution is” very strong “and has a return and solvency trajectorywith very good access to financing sources and a clear stability horizon.

Specifically, this evaluation highlights the Diversified funding and the Robust liquidity of the Popular Bankas well as its proper patrimonial support.

“The Note ‘AAA‘It is the highest grade granted at the local level, being the Popular Bank he First Dominican Capital Bank in obtaining it in 2023, which was at that time a milestone for the Financial system of the Dominican Republic, “said the financial institution in a press release.

Sustained leadership and digital transformation

The report of Feller-Rate Highlights the relevant position of the popular in the Multiple bank At the end of June 2025, by maintaining market shares of 25.1 and 29.6 % of the total assets and placements, respectively, highlighting its position in commercial credits.

This position has been based on a strategy of constant digitalization, Product innovation and expansion of its customer base.

The qualifier’s report indicates that, during the first half of the year, the entity reached a utility before taxes of 19,815 million pesos, with a return on assets 4.6 %, exceeding the average system.

This performance relies on a Efficient financing structurefocused on a stable base of retail deposits.

According to the measurement and evaluation methodology of Feller-Ratethe popular has maintained healthy levels of Credit qualityclosing the first semester of 2025 with an indicator of Overdue portfolio on gross placements of 1.2 %, while the provision coverage About that Overdue portfolio It was 2.6 times during the analyzed period.

Feller-Rate It emphasizes that the popular also stands out for his Diversified anchor structurewith access to local and international sources, including Green bonds and subordinate obligationsand maintains slack in the regulatory indicators of liquidity and solvency, which demonstrates its patrimonial strength.

Leader newspaper of the Dominican Republic focused on general news and innovative journalism.

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