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The financial system exhibits RD $ 4 billion in assets

The financial system exhibits RD $ 4 billion in assets

Santo Domingo.-President Luis Abinader highlighted the stability and confidence of the national financial system that today has a stronger regulatory framework, greater protection of the user and financial inclusion.

At the end of July 2025, the Dominican financial system exhibits assets higher than RD $ 4 billion and uninterrupted growth of 85.6 %, for an annual growth of 13.2 %, giving way to a credit portfolio that went from RD $ 1.3 billion to RD $ 2.3 billion, with an average annual growth of 12.9 %.

All this thanks to the work of the Superintendence of Banks (SB), an entity that supervises the financial intermediation entities, exchange, fiduciary and credit information societies; It also issues regulations and collaborates in the elaboration of regulations that promote market development and the promotion of banking.

Access to credit
The Superintendent of Banks, Alejandro Fernández, indicated that to date the country has more than 2.6 million people with access to credit, which represents 622 thousand additional citizens in the last five years, this being a factor of development and empowerment.

According to the Global Findex 2025 report of the World Bank, the proportion of adults with accounts in financial or mobile institutions increased from 51 % by 2021 to 65 % in 2024, reflecting the advances in financial inclusion.

Profitability
The system solvency index reached 18.4 % as of June 2025, far exceeding the regulatory minimum of 10 % and prepaandia levels (16.5 %), positioning above the regional average (15.6 %), placing the Dominican Republic between the strongest countries in the region.

Regarding delinquency and provisions, the figure remains at 1.94 %, below the historical average (2.05 %).

In the current management, the Superintendency of Banks has issued 86 regulations aimed at modernizing the regulatory framework, with emphasis on operational efficiency, digitalization and user protection, the Bank Superintendent, Alejandro Fernández, in the weekly, reported in the weekly.

CNM

– Transparency
President Luis Abinader and the administrative minister of the Presidency, José Ignacio Bución, assured that the current National Council of the Magistracy acts in accordance with the Constitution and without political criteria.

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