He Central Bank of the Dominican Republic (BCRD) today that interest rates in the Multiple bank have decreased significantly in recent months, as a result of the decisions of monetary policy adopted since September 2024.
According to the conjuncture analysis corresponding to the first quarter of 2025, the interest rate weighted average of Loans granted by the Multiple bank closed in 14.77 % in Marcha reduction of 132 basic points compared to 16.09 % registered in November last year.
This decrease is linked to accumulated reduction of 125 points in the monetary policy rate arranged by the BCRD since September, as well as to injection measures of liquidity to the Financial system.
These include the redemption of expiration of instruments of the Central Bank by 173,000 million of pesos and the Legal lace release for 35,355 million pesosdestined for low -cost housing, Loans Interim for construction and financing to MSMEs.
At the end of March, loans to productive sectors They registered one interest rate of 13.56 %below 14.51 % in November, while Consumer loans They dropped from 21.51 to 20.45 %.
The financial system maintains solidity and growth
The report of Central Bank It emphasizes that, in addition to the descent in the fees, the Financial system Dominican showed robust performance in other key indicators.
The Net Assets of the Financial system They reached 3.9 billion pesos In March, with an interannual growth of 10.5 %, in line with the rhythm of the economy. The loan portfolio and liquid availability were the components of greater expansion.
As to Credit qualitythe delinquency index was barely 1.6 %while the coverage of provisions for Loans defeated stood in 185.4 %that is to say, 1.85 pesos for each weight in default.
The profitability of the Financial system It also remained high, with a return on the heritage (roe) of 22.2 % and a return on the asset (roa) of 2.7 % In March.
Regarding the solvencythe regulatory index was 17.57 % to February, well above the legal minimum of 10 %which represents a capital surplus of 191,269 million of pesosaccording to data from the Superintendency of Banks.
Horros increase despite lower rates
The document also underlines the sustained growth of public captureswhich totaled 3.4 billion of pesos at the end of March, for an interannual expansion of 10.2 %, which demonstrates the confidence of families and companies in the Financial system.
This increase occurred in a context of reduction in the interest rate average liabilities weighted Multiple bankwho went down from 10.21 % in November to 8.91 % in March.
Also, the paid capital and patrimonial reserves of the system grew by 41,253 million pesos in the last year, with an expansion rate of 13.0 %reaching a total amount of 358,000 million pesos.
The Central Bank concluded that these results reflect the strength, dynamism and resilience of the Dominican financial system, which allows it to face international high volatility scenarios and continue to be a key pillar for the country’s macroeconomic stability.
