Abinader: Dominican Republic’s financial assets surpass 4 trillion pesos

Santo Domingo.- By July 2025, the Dominican financial system reported assets exceeding RD$4 trillion, with uninterrupted growth of 85.6%, representing an annual increase of 13.2%. The credit portfolio grew from RD$1.3 trillion to RD$2.3 trillion, averaging 12.9% annual growth, reflecting the oversight and regulatory work of the Superintendency of Banks (SB). President Luis Abinader highlighted the SB’s role in promoting market development, banking access, and financial stability.

Bank Superintendent Alejandro Fernández reported that more than 2.6 million people now have access to credit, adding 622,000 new borrowers over the last five years, contributing to economic development and empowerment. The Global Findex 2025 report from the World Bank shows that adults with financial accounts or mobile banking access rose from 51% in 2021 to 65% in 2024, demonstrating progress in financial inclusion.

The system’s solvency ratio reached 18.4% by June 2025, well above the regulatory minimum of 10% and pre-pandemic levels of 16.5%, surpassing the regional average of 15.6%, placing the Dominican Republic among the strongest financial systems in the region. Delinquency and provisions remain low at 1.94%, below the historical average of 2.05%, reflecting a stable and well-managed sector.