He Central Bank of the Dominican Republic (BCRD) reported this Thursday that, of the 81 billion of pesos arranged in the last liquidity program to the financial system, 84% of the amount, equivalent to 68 billion pesos, was placed until October 31.
He BCRD reported that of the amount awarded, 54 billion of weights correspond to lace releases legal for productive sectors interest rates of up to 9% annually and to micro, medium and small businesses (MSMEs) to interest rates competitive, according to this market segment.
The resources released from legal reserve were destined for the trade sectors (21,528 million pesos), construction (11,993 million), MSMEs (8,864 million), manufacturing (3,655 million pesos), agriculture (1,212 million) and exports (806 million).
Disbursements include 3,678 million of pesos for the acquisition of low cost housing by low-income families and 2,632 million for mortgage loans in a general sense, as indicated by the institution through a press release.
Last June, the Monetary Board approved a liquidity program to the financial system 81 billion of pesos, distributed in 64 billion resources released from the legal reserve and 17 billion loan relocations quick liquidity facilities (FLR), scheduled to have returned to BCRD from June 2025.
The resources disbursed from legal reserve by 54 billion of pesos have benefited 8,726 debtorsfor an average amount of credits around 6.25 million.
Additionally, they have been granted 14 billion of pesos of the 17 billion authorized to be relocated due to maturities of loans to productive sectors granted through quick liquidity facilities.
Rate reduction
The institution said that as an effect of the measures implemented and the reduction of the monetary policy rate from 5.75% to 5.50% in September 2025, credit to the private sector in national currency registered greater dynamism, along with decreases in interest rates of loans and deposits.
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In this sense, since May 2025, private net credit in national currency has expanded by approximately 71 billion pesos, according to preliminary October figures. This performance raised year-on-year credit growth from 8.2% in May to 8.9% in September 2025, in line with nominal gross domestic product growth.
In turn, as of October 2025 the weighted average of the interest rates commercial banking assets decreased compared to May 2025, the month prior to the adoption of the liquidity programpassing the average of the active interest rate from 14.99% in May to 13.95% in October, for a reduction of 104 basis points.
The projection models indicate that, to the extent that the amount of 13 billion of pesos available to use under this program, credit in national currency will continue to expand and reduce the interest rates for the financing of productive activity, promoting a favorable environment to the dynamism of the nation’s economic sectors, points out the Central Bank.
