Bank profits were RD$2,078.37 million last year, or 84.9% compared to the previous year’s RD$1,556.3 million, according to a Central Bank report write up in El Siglo newspaper. Assets of commercial banks at the end of 1999 were RD$110,818.6 million, up 21.7% compared to 1998. Commercial bank profitability was 34.3%, 11 points more than in 1998. Liabilities increased 21.5%, and capital 24.6%.
