The Cibao Savings and Loan Association reported that, in its most recent review of July 2025, the risk rating firm Feller Rate ratified the institution’s solvency rating at A+ with stable outlook, along with the A Rating for its Subordinated Debt issuances for DOP 3,000 million (SIVEM-121) and DOP 2,500 million (SIVEM-156). This decision reaffirms the financial strength of the mutual entity and its position as one of the main savings and loan associations in the country. According to the report, the rating ratification is based on the institution’s strong equity backing, as well as its generation capacity and adequate risk profile. Luis Peña, Executive VP of Strategy and Finance, shared after receiving the rating, that this result is consistent with the strategy of sustainable growth, innovation and closeness to its associates that characterizes the entity. “The ratification of our A+ rating with a stable outlook reflects our commitment to financial management, service quality, and social responsibility, ensuring the well-being of our associates and the development of communities,” he added. At the close of March 2025, the solvency ratio stood at 36.6%, significantly above the minimum required by financial regulation, which demonstrates the strength of Cibao’s capitalization levels. Regarding financial performance, Feller Rate highlighted that, at the close of the first half of 2025, the Association reached total assets of DOP 102,631 million, registering a significant market share in the association system and in the national financial sector in terms of this item, with 26.5% and 2.6%, respectively. Likewise, the net loan portfolio reached DOP 60,761 million, with a controlled delinquency rate of 1.6% and a provision coverage over the past-due portfolio of 1.8 times, highlighting the prudent management of credit risk and asset quality. Furthermore, the institution maintained a level of liquid assets equivalent to 54.9% of total deposits, demonstrating its ability to respond to potential changes in the financial environment.
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