Average savings of men in banks is higher than that of women

The average balance of deposits in the national financial system for the male gender is RD$157,929 and for women is RD$111,214. These deposits come from savings accounts, checking accounts and time deposits. The financial system has total deposits worth RD$1.783 billion, of which RD$1.026 billion are from men, representing 57.57% of the deposits, and RD$756.810 million belong to women, representing 42.43%. At the beginning of the year, total deposits were RD$1.643 billion, so in the first 11 months of the year they increased by RD$140 million. November 2024, total deposits amounted to RD$1,570 million, resulting in a year-on-year growth of RD$213 million.

Recently, the Central Bank defended the strength of the national financial system, explaining that during the course of the year 2025, total assets have increased by more than RD$343,000 million, reaching RD$4.19 trillion (52.6% of the gross domestic product), according to the latest information available as of November.

“The growth of assets has been supported by public deposits, which have reflected the increase in public deposits in national currency, which have increased RD$189,000 million (9.0%) to reach RD$2.27 trillion (28.5% of GDP); while public deposits in foreign currency have totaled more than US$14,500 million, representing 11.9% of GDP and 31.5% of the estimated flow of foreign exchange generation of the Dominican economy, which could exceed US$46,000 million in 2025,” detailed a report from the Central Bank.