If the coopnama were a bank, it would enter the top seven

He Financial system of the Dominican Republic is made up of 47 authorized entities to capture funds and place them in loans, under the supervision of the Superintendency of Banks (SIB).

In that universe they include 18 Banks multiple, 14 savings and credit banks10 savings and loan associations, three credit corporations and two state entities, all under the regulation of the Monetary Board.

At the same time, a no less transcendent sector operates: Cooperatives. These entities are regulated by the Cooperative Development and Credit Institute (Idecoop), created through Law 31 of 1963.

Currently, there are more than 2,400 Cooperatives In the country, which have proven to be fundamental actors in Financial inclusion and the economic development of broad communities.

Among all, the National Cooperative of Multiple Services of teachers stands out (Coopnama). At the end of 2024, this institution reached assets exceeding 104,000 million pesos, which represented an year -on -year growth of 6.3 %. That figure places it above several banks Commercial of the country.

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The magnitude of Coopnama It is reflected in a fact: if it decided to transform into an entity of financial intermediation Regulated by the monetary and financial law, it would become the seventh largest bank in the country, exceeding assets to long -standing institutions, such as the Cibao Savings and Loans Association, which as June 2025 closed with 102,630.8 million pesos.

Financial intermediation

The six main entities of financial intermediation In the Dominican Republic and its assets cut as of June 2025, according to data from the Superintendency of Banks, they are:

1. The reservation bank, with assets that reach 1 billion 274.2 million pesos
2. Dominican Popular Bank, with total assets of 875,278.1 million pesos)
3. BHD Bank (607,302.9 million pesos)
4. Santa Cruz Bank (191,722.3 million)
5. Popular Savings and Loan Association (APAP), with assets that reach 179,547.5 million
6. Scotiabank With total assets of 169,483.8 million pesos

The figures also show the weight of others Cooperatives grouped in the association of rural savings and credit institutions (AIRAC), which together total 175,333.8 million pesos in assets.

These include the San José Cooperative (33,353.7 million pesos), Coopmaimon (34,063.4 million), COOPSANO (15,846.1 million), Coopcentral (15,097.5 million) and Coopmédica (13,187.7 million pesos in assets).