The government-owned Banco de Reservas (Banreservas), under the administration of President Luis Abinader, has dramatically increased its financial commitment to the Dominican Republic’s tourism sector.
Leonardo Aguilera, executive president of Banreservas, announced a massive surge in the bank’s tourism credit portfolio, which now stands at RD$50 billion. This increase reflects a significant boost in financing to the vital sector.
Aguilera revealed the details during the groundbreaking ceremony for the Meliá Bergantín Beach hotel in Punta Bergantín, an event led by President Luis Abinader and Tourism Minister David Collado.
Aguilera says that today Banreservas tourism portfolio now accounts for 44% of the total financing granted to the sector by the entire national financial system.
The bank is actively backing the development of over 7,000 new hotel rooms across various tourism hubs in the country. Likewise, Aguilera said Banreservas is currently evaluating 22 new projects totaling over RD$115 billion. These potential developments include: 10,100 new hotel rooms, two convention centers, a cruise port and a theme park. These projects are strategically distributed across key areas such as Puerto Plata, Punta Cana, La Romana, Santo Domingo, Miches, Pedernales, and Montecristi.
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N Digital
28 October 2025