An engineer in charge of system and technology issues at the Superintendency of Banks, Felipe Llaugel, told reporters yesterday that the DR’s banks should be prepared to handle the Year 2000 ("Y2K") computer problem in time. He said that all the smaller Dominican firms already converted their computer systems by end-1998 as required by an Inter-Institutional Commission on the problem. The delay in Y2K proofing computer systems has been at three of the largest banks (not named), and they have been given until March 31 to comply. Then the Superintendency will conduct an audit to check what steps the banks have taken, with a view to certifying all Dominican banks as Y2K compliant by May 15, 1999.
