Santo Domingo.- The governor of the Central Bank, Héctor Valdez Albizu, met with presidents
of the country’s financial sector, accompanied by the Superintendent of Banks, Alejandro Fernández, to review the results shown by the sector, and at the same time maintain dialogue and collaboration, aimed at preserving the financial and macroeconomic stability of the country.
The governor expressed that “in a context like the current one of high uncertainty and in a turbulent and complex international environment, it is important to conduct ourselves with prudence to preserve stability.”
of our financial system, which is the backbone of the economy and on which the stability and growth of the Dominican Republic is based.”
Governor Valdez Albizu presented the results of the sector indicating that it continues to show high levels of capitalization, profitability, solvency and quality of its credit portfolio, which allow it to continue promoting the country’s productive activities.
He highlighted that the financial stability analyzes and the stress tests carried out on the consolidated financial system do not reflect evidence of financial vulnerabilities that could compromise the provision of financial services in the Dominican economy.
He made reference to the fact that the financial system continues to show high levels of profitability.
Liquidity
Intermediation
Albizu highlighted that intermediation entities maintain comfortable liquidity buffers, showing levels of overnight deposits in the Central Bank of more than RD$96 billion.
