DR1 Daily News - Dominican Republic

President Luis Abinader presented the state of affairs of the banking system in the Dominican Republic. He highlighted how the system now presents RD$4 billion in assets.

During the same presentation, Superintendent of Banks Alejandro Fernandez stressed the importance of a strong banking system and the positive implications for public and private financing.

The Dominican banking system was strengthened when Congress approved the passing of the pension plans and health insurance providers to bank affiliates. These entities have resulted in high yields for the financial companies.

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7 October 2025