Santo Domingo.- Dr. Leonardo Aguilera reaches his first year as executive president of Banco de Reservas with a management marked by financing for productive sectors, support for construction and housing, backing for the Dominican countryside, the revitalization of the automotive market, and the promotion of strategic projects for national development.
Since his arrival at Banreservas, in August 2025, Aguilera has focused his management on consolidating the entity as a financial instrument to support the country’s economic growth, working with efficiency, transparency, and a sense of institutional responsibility.
His administration has been developed in line with the economic and social policy of President Luis Abinader, aimed at supporting the sectors that produce, generate jobs, and mobilize the Dominican economy.
Between August 2025 and July 2026, Banreservas disbursed more than RD$282,430.2 million through loans, reaffirming its leadership as a financial intermediation entity and its role as a strategic partner for families, entrepreneurs, producers, and companies.
Of that amount, RD$135,349.7 million were allocated directly to the financing of productive sectors, equivalent to 47.9% of the total disbursed, benefiting 34,873 clients linked to MSMEs, agriculture, commerce, manufacturing, tourism, housing, and other areas of high economic impact.
As part of that vision, Aguilera has reiterated that Banreservas will continue to place its financial capacity at the service of the sectors that produce, generate opportunities, and sustain the development of the Dominican Republic.
“This first year has been a period of intense work, aimed at ensuring that credit reaches where it needs to go: to families, producers, small and medium-sized enterprises, builders, entrepreneurs, and the sectors that drive the country’s development,” he/she expressed.
Financing for productive sectors
One of the central pillars of this first year has been the support for micro, small, and medium-sized enterprises, a key sector for employment, innovation, and economic movement throughout the national territory.
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The Banreservas SME Expo 2026 closed with financing exceeding RD$17.2 billion, destined for small and medium-sized businesses in various sectors. During the event, more than 25,000 credit applications were received, reflecting the business sector’s confidence in the institution and the demand for financing for working capital, expansion, modernization, and productive investment.
The fair not only allowed for the channeling of resources, but also offered financial guidance, support, and tools to strengthen business sustainability.
As part of that same line of support for entrepreneurship, Banreservas announced the availability of RD$5 billion in new financing for small and medium-sized enterprises led by women, within the framework of the second edition of the Banreservas Women SME Summit, an initiative developed together with Mastercard to promote female entrepreneurship, financial inclusion, and business training.
The Dominican countryside has also received significant support during this first year. Banreservas allocated RD$12 billion to finance the Rice Pledging Program for the 2026-2027 period, with a preferential rate of 7%, as part of the support for producers and millers.
This financing seeks to contribute to the stability of rice production, strengthen food security, and protect an activity with high economic and social impact in rural areas.
For Aguilera, support for rice has an economic and social dimension, because it is one of the main products in the basic food basket and an activity that generates thousands of direct and indirect jobs in different regions of the country.
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Housing, construction and diaspora
Construction and access to housing have occupied a relevant place within Aguilera’s first year at Banreservas, as part of his role as executor of President Luis Abinader‘s policy aimed at expanding development opportunities, facilitating housing solutions, and boosting sectors with a high impact on the national economy.
The entity fully financed the 700 apartments of the San José residential complex, in Santo Domingo Norte, within the National Happy Family Housing Plan, with an approximate investment of RD$1.6 billion and facilities for the buyers.
Likewise, Banreservas financed the acquisition of 60 apartments in the Nuevas Esperanzas II project, in Boca Chica, for more than RD$117 million, benefiting an equal number of families.
These projects are in addition to other housing complexes supported by the Bank, such as Hato Nuevo, Pablo Mella Morales II, and Ciudad Real Ecológica, which are part of the institutional effort to expand access to decent housing and support public policies aimed at improving the quality of life for Dominican families.
During this first year, Aguilera also strengthened Banreservas’ strategy aimed at Dominicans living abroad, especially through international real estate fairs.
The Third Banreservas Real Estate Fair in New York and Lawrence concluded with financing exceeding RD$5.118 billion. Over five days, 7,847 clients were served, consolidating this platform as a financial bridge between the Dominican diaspora and national real estate development.
In Europe, the Second Banreservas Real Estate Fair in Madrid reached pre-approvals of more than RD$3.798 billion, with a 111% growth in business volume compared to the previous edition. In addition, interim disbursements of more than RD$2.141 billion were made to participating construction companies.
These fairs have allowed Dominicans residing in the United States and Europe to find reliable mechanisms to invest in their country, acquire homes, and participate directly in the expansion of the Dominican real estate sector.
Strategic projects and economic revitalization
The automotive sector also received a significant boost during the first year of administration.
The traditional Expomóvil Banreservas closed with financing exceeding RD$8,653 million and the sale of more than 3,800 vehicles, surpassing the results of the previous edition by more than RD$1,000 million.
During the fair, Banreservas received financing requests for more than RD$25 billion, which evidences the strength of the demand and the confidence of consumers, dealerships, and companies in the facilities offered by the entity.
The financing covered new, commercial, used, hybrid, and electric vehicles, impacting families as well as entrepreneurs and companies that require transportation for their productive activities.
Aguilera‘s management has also supported high-impact national infrastructure projects. Among them, the Manzanillo Power Land thermoelectric plant stands out, whose construction was financed jointly by Banreservas and AFI Reservas for US$345 million, within a financial structure aimed at strengthening the country’s electricity generation.
This type of operation confirms Banreservas’ ability to support large-scale projects linked to strategic sectors, such as energy, infrastructure, and territorial development.
Another distinctive feature of Aguilera’s first year has been his strategy of closeness and articulation with economic, financial, business, and institutional actors, maintaining a line of work based on efficiency, transparency, and coordination with national development goals.
Since the beginning of his administration, the executive president of Banreservas has held meetings with representatives of the banking sector, business owners, industrial leaders, regulatory bodies, and missions from international organizations, with the goal of listening to, coordinating, and aligning efforts in favor of economic stability and growth.
The first year of Dr. Leonardo Aguilera at the helm of Banreservas is summarized by a management focused on bringing financing where the economy needs it: to MSMEs, to the countryside, to construction, to families seeking housing, to Dominicans abroad, to the automotive sector, to tourism, to commerce, manufacturing, and to large strategic projects.
These results consolidate Banreservas as a key institution for the country’s economic and social development, and project Aguilera’s management as a stage of continuity, strengthening, and expansion of the Bank’s impact on the national productive life.
Upon reaching his first year as executive president, Dr. Leonardo Aguilera is steering Banreservas toward the celebration of its 85th anniversary with an agenda focused on financing, accessibility, economic inclusion, sectoral support, efficiency, transparency, and a commitment to the development of the Dominican Republic, in alignment with the government vision of President Luis Abinader.
