New York. – Banreservas Representation Offices in New York, Madrid, and Miami have managed mortgage loan applications for over RD$3.143 billion so far in 2025, boosting real estate investment by the diaspora and consolidating the bank as a strategic ally of Dominicans residing outside the country. The data was presented by engineer Alieska Díaz, Senior Executive Vice President of Administration of Banreservas, during a meeting with the Dominican community, officials and special guests in New York City, where she represented the executive president of the institution, Dr. Leonardo Aguilera. Díaz reaffirmed this administration’s commitment to providing effective financial solutions that are accessible to Dominicans worldwide. During his intervention, he explained that the New York office leads mortgage applications, with 492 cases, equivalent to RD$2.486 billion, followed by Madrid, with 83 applications, and Miami, with 59. “These results reflect how our diaspora not only saves: they also invest, build wealth and bet on their country from a distance. Banreservas is here to accompany them every step of the way,” he affirmed. The senior executive also reported that, in addition to the growth in the mortgage market, the Representation Offices have served more than 65 thousand people up to October of this year, strengthening their role as a financial bridge between Dominicans abroad and their country. The New York office leads the services provided with 43,238 attentions, followed by Madrid with 16,687 and Miami with 4,913. During the meeting, engineer Díaz reported that the offices managed 9,499 new savings account clients, of which 6,681 correspond to New York. The official was accompanied by José Obregón, Executive Vice President of International Business; Reinaldo Balcacer, Administrative Vice President; Yubelkis Mejía, Vice President of Marketing; Henry Ogando, Senior International Director of Representation Offices; among other Banreservas executives.
Other relevant data offered during the event, which was also attended by the consuls general of New York and New Jersey, Jesús Vásquez and José Francisco Santana, indicate that in this 2025 the offices have received:
88,434 calls
In the activity, it was explained that Banreservas maintains its leadership as the main remittance-paying bank in the Dominican Republic, with a 60% market share. It currently processes:
More than 6 million monthly transactions A yearly flow exceeding US$1.8 billion 95% of remittances credited directly to accounts, strengthening the savings and investment of Dominicans Likewise, Banreservas managed RD$6,500 million in guarantees and RD$484.2 million in discount operations, generating profits of RD$17.8 million in foreign trade. Díaz concluded by acknowledging the work of the New York Office team and reaffirmed Dr. Aguilera’s determination to continue the international expansion of the bank. “Banreservas will continue to be the bridge that connects Dominicans with their country, regardless of the distance. Our mission is to be close to our people, always,” he said
