2008News

Banreservas: RD$9.5 billion earnings

Banreservas, the government commercial bank, has reported earnings of over RD$9.5 billion over the past 14 quarters. The bank also increased its assets by RD$2.2 billion. Daniel Toribio, the administrator of the government’s banking institution, also mentioned a 113% increase in dollar accounts in the bank. During the first quarter of 2008, the bank earned RD$777.6 million.