Central Bank governor Hector Valdez Albizu is confident the Dominican economy will again prove to be resilient to international shocks. In a recent statement, the Central Bank reports on the track record of the country and financial stability shown from the end of 2023 to September 2024. The Central Bank governor highlights the outlook for the country this 2025 continues to be positive.
The Central Bank works with the Monetary Board and closely follows the evolution of domestic and international financial conditions, in order to take timely measures to safeguard the stability of the financial system and promote the growth of productive activities in an environment of price stability.
The Central Bank says at present there are no significant macro-financial risks that could compromise the provision of financial services in the Dominican economy in the short term.
Moreso, stress tests conducted on financial intermediation entities (EIFs) show that most have appropriate levels of capital adequacy to absorb potential economic losses that may arise from various risk scenarios.
Likewise, liquidity tests show that financial intermediation entities maintain sufficient liquid assets to meet sustained withdrawals of demand liabilities.
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Central Bank
Address by Governor Hector Valdez Albizu YouTube
25 February 2025