Banco Popular leads support for Dominican companies and SMEs

Santo Domingo.– The Banco Popular Dominicano reiterated its sustained support for the country’s companies, especially micro, small and medium-sized enterprises (MSMEs), consolidating its leadership in the financing of the different business segments. At the close of March 2026, the Popular’s credit portfolio allocated to the business sector amounted to RD$395,024 million, of which RD$178,285 million corresponds to SMEs, equivalent to 45.1% of the total, according to data from the Banking Market Information System (SIMBAD) of the Superintendency of Banks. Thanks to this strategic support, Banco Popular maintains a market share of 37.42% of credit to the SME segment, the highest in the national financial system, accompanying the growth and development of more than 78,000 SME clients throughout the country. From the total number of Popular’s SME clients, 24% belong to the commerce sector, 20% to real estate, 12% to the services sector, 7% to the manufacturing sector, and the rest to other strategic sectors of the economy.

SMEs represent one of the main drivers of the Dominican economy. According to data from the Central Bank, they contribute around 32% of the gross domestic product (GDP) and generate more than 61% of national employment, reflecting their importance for creating opportunities, economic stability, and social well-being.

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Private company, creator of value During the celebration of Private Enterprise Day, led by the President of the Republic, Luis Abinader, Mr. Christopher Paniagua, Executive President of Banco Popular, congratulated the National Council of Private Enterprise (CONEP) on its 63 years of experience, highlighting the transformative role of entrepreneurs in national development. Regarding this, he stated that “the private company is an essential engine for the country’s development: it generates employment, creates value, and drives innovation. Furthermore, in collaboration with the State, it contributes to social and environmental initiatives that strengthen the well-being of our society. From Banco Popular Dominicano, we reaffirm our commitment to continue leading the financing and supporting the national productive fabric, convinced that when companies grow with responsibility and sustainability, the well-being of Dominican families and the future of the country also progress.” The meeting organized by CONEP was also attended by Mr. René Grullón Finet, executive president of Grupo Popular; Luis Espínola, senior executive vice president of National and International Business; Robinson Bou, executive vice president of Business and Investment, as well as other executives from strategic areas of the organization. As part of its vision to support the business segment, Banco Popular promotes a comprehensive accompaniment model aimed at strengthening the competitiveness, innovation, and connection of companies with their customers and markets. This approach includes business training initiatives, specialized consulting, and digital platforms designed to support businesses at every stage of their development. Among them, Banca 360° Popular stands out, an integral attention proposal for business clients that combines specialized financial solutions, strategic advice, and access to better practices and global technologies. For SMEs, the bank has also developed Impulsa Popular, a digital ecosystem with practical content, management tools, collaboration spaces and resources aimed at strengthening the productive performance and digital transformation of small businesses.