The assets of the Dominican financial system experienced an interannual growth of 10.6% as of December 31, 2024. The Dominican financial system has assets amounting to RD$3.87 trillion (millions of millions), according to preliminary data from the Superintendency of Banks (SB).
The total assets of financial intermediation entities are mainly made up of cash, the credit portfolio, investments in marketable securities, among others.
The loan portfolio – the banks’ main asset, which includes all loans granted – experienced double-digit expansion, increasing by 12.2% compared to the previous year. This implies an increase of RD$237.2 billion, totaling RD$2.18 billion at the end of last December.
Regarding the behavior of savings, public deposits increased 11.4% during 2024, to reach RD$2.9 trillion. These data show that both savings and loans continue to grow at a double-digit percentage rate.
The capital level of the financial system, measured by net worth, continued its downward trend, registering an increase of RD$65,543 million, for an interannual growth rate of 16.1%. At the end of December 2024, the system’s net assets amounted to RD$473,262 million. This reflects improvements in the capacity of financial intermediation entities to absorb unexpected losses, as well as a reduction in the system’s leverage levels.
In the last year, the delinquency rate continued to register low levels, standing at 1.6% at the end of 2024.
