The country’s assets exceed 4 trillion pesos, Abinader affirms

Santo Domingo,.– By the end of July 2025, the Dominican financial system exhibits assets exceeding 4 trillion pesos and uninterrupted growth of 85.6%, for an annual growth of 13.2%, giving way to a credit portfolio that went from 1.3 trillion to 2.3 trillion pesos, with an average annual growth of 12.9%. This is thanks to the work of the Superintendency of Banks (SB), an entity that supervises financial, exchange, fiduciary, and credit information companies; it also issues regulations and collaborates in the elaboration of regulations that promote market development and the promotion of banking, said President Luis Abinader today in La Semana.

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The Superintendent of Banks, Alejandro Fernández, for his part, indicated that to date the country has more than 2.6 million people with access to credit, which represents 622,000 additional citizens in the last five years, this being a factor of development and empowerment. According to the World Bank’s Global Findex 2025 report, the proportion of adults with accounts at financial institutions or mobile increased from 51% in 2021 to 65% in 2024, reflecting advances in financial inclusion, the official added. The official said that the system’s solvency ratio reached 18.4% as of June 2025, far exceeding the regulatory minimum of 10% and pre-pandemic levels (16.5%), positioning itself above the regional average (15.6%), placing the Dominican Republic among the most solid countries in the region. Regarding delinquency and provisions, Fernández pointed out that the figure remains at 1.94%, below the historical average (2.05%).