2017News

Asset Assessment Ruling set for 2 January 2018

Photo: El Nuevo Diario

The Central Bank announced the approval of the Asset Assessment Ruling (REA) that will go into effect on 2 January 2018. The Central Bank said that exceptions to the ruling have been made in the cases of small and medium-sized business (SMEs), following recommendations of an inter-institutional technical committee made up by the Central Bank, the Superintendence of Banks, the Association of Commercial Banks, Dominican League of Loans and Savings Banks (LIDAAPI), Pro Competencia agency, Dominican Republic Association of Industries (AIRD), Dominican Association of Investment Funds Societies (Adosafi), Dominican Society of Trust Funds (Asofidom), among others.

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Banco Central

16 October 2017