Banreservas will facilitate RD$7,000 million to productive sectors

The CEO of Banco de Reservas, Dr. Leonardo Aguilera, announced that the institution has RD$7,000 million available to finance national productive sectors with special rates, with the purpose of promoting investment and development throughout the country.

When making the announcement at a business meeting in this city, Aguilera said he hoped that these resources would “impact the lives of hundreds of Dominicans through the creation of a value chain that involves more and more people who are reached by the well-being to which we all aspire.”

He said that this availability of financing highlights Banreservas’ vocation to ensure that the channeled resources generate a virtuous circle of improvement in the living conditions of all Dominicans.

He specified that Banreservas has a decisive impact on the financing of commerce, construction, manufacturing, health, and agriculture.

“It is opportune to highlight that the Bank has benefited from the maintenance of a favorable business climate that has been strengthened by macroeconomic stability and an internal framework created by the policies led by our president Luis Abinader,” he added.

Highlighting some relevant figures from the Bank, he said that the corporate credit portfolio grew by RD$9.103 billion in the northern zone, consolidating Banreservas as the main financial institution in the system.

He stated that the business banking deposit portfolio in the region increased by RD$12.172 billion, for a 115% execution. Only in 2025, that portfolio has 5,207 active clients and 193 new members.

Another achievement presented by the banking executive was the low corporate delinquency rate of Banreservas, one of the lowest in the system, at 0.25%, which highlights the responsibility of the clients.

As part of the business meeting, economist Raúl Hernández Báez gave the conference Analysis of the situation and outlook of the Dominican economy and markets for business decision-making.

By focusing on the behavior of the international and national economy, he highlighted the impact of the trade, construction, manufacturing, health, and agricultural sectors, among others.

After considering various indicators, Hernández Báez said that the open unemployment rate in the Dominican Republic fell to 4.9% in the first quarter of 2025, one of the lowest in the recent history of the country.

That and other factors -he added- have contributed to “us generating the dynamism that the local economy requires”, which registered a year-on-year growth of 2.4% in the first seven months of the year.

Observing that the exchange rate is falling worldwide, he estimated that in the Dominican Republic the dollar rate will close at 64.50 at the end of the year, which he considered is not a worrying situation.