The figure of the trust is gaining ground in the Dominican financial system, due to the transparency and security it offers, affirmed the Trustee La Nacional.
He stated that these attributes have turned the figure of the trust into a tool that is increasing in the country thanks to the trust they generate. He gave as an example that as of December 2021, the accumulated assets of trusts exceeded 192 billion pesos, according to data from the Dominican Association of Trusts (ASOFIDOM). “This is why Fiduciaria La Nacional highlights the importance of the Dominican Public Securities Market for the national economy and understands that it will continue to experience positive growth that responds to the needs of the market, especially public offering trusts,” he said.
For FLN, the Dominican Stock Market is a reliable ally that has the necessary objective conditions that allow it to offer the structuring and administration of public offering trusts to the business community in general, since it is an important financing and asset mobilization option.
This is confirmed by the general manager of Fiduciaria La Nacional, Cesar Páez, who points out that public offering trusts as a development engine are an instrument that provides a great alternative for the diversification of investment in projects of relevant sectors for our economy.
“In just ten years, the fiduciary sector has proven to be a vital piece for the country’s real estate development, because in addition to helping to combat the existing housing deficit, it has proven to be an important ally for the management of other projects such as tourism and commercial projects. , attracting national and foreign investors thanks to the ability to offer independence and transparency in the administration of resources”, he added.
