Economy

Economy May 3, 2017 | 2:29 pm

Progreso bank grows 8.9% to US$1.12B

Santo Domingo.- The Banco del Progreso bank on Tuesday announced  at 8.9% growth of assets at yearend 2016, bringing it to RD$54.0 billion (US$1.12 billion). Progreso senior vice president for Finance and Comptroller, Andrés Bordas said the loan portfolio grew 19% year-on-year to RD$27.6 billion, with the business sector accounting for 54%, consumers 26.2%, while the rest destined for credit ... Read more

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