{"id":130583,"date":"2019-09-02T14:38:32","date_gmt":"2019-09-02T14:38:32","guid":{"rendered":"http:\/\/ny1.dr1.com.do\/wordpress\/?p=130583"},"modified":"2019-09-03T00:36:23","modified_gmt":"2019-09-03T00:36:23","slug":"130583","status":"publish","type":"post","link":"https:\/\/dr1.com\/news\/2019\/09\/02\/130583\/","title":{"rendered":"Central Bank wants S&#038;Ls to take advantage of new funds"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignleft\"><img loading=\"lazy\" width=\"300\" height=\"119\" src=\"https:\/\/dr1.com\/wordpress\/wp-content\/uploads\/2019\/01\/Central-Bank-logo-e1546950606804.png\" alt=\"\" class=\"wp-image-120857\"\/><\/figure><\/div>\n\n\n\n<p>The governor of the Central Bank is encouraging the nation&#8217;s savings and loan associations to obtain stand-by loans for construction projects or housing purchases. This money comes from the freeing of funds from cash reserve requirements.<\/p>\n\n\n\n<p>Governor Hector Valdez Albizu spoke of RD$36 billion in legal reserves for loans of all sorts at fixed rates of 9% interest over six years made available in May 2019. He said that of the RD$13.6 billion set aside for housing construction under the preferential terms, only RD$1.73 billion has been used, or around 13%. He urged the S&amp;Ls to accelerate their placement of loans for housing.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.bancentral.gov.do\/a\/d\/4665-banco-central-flexibiliza-uso-de-recursos-del-encaje-legal-de-las-asociaciones-de-ahorros-y-prestamos-para-la-adquisicion-y-construccion-de-viviendas\">Banco Central<\/a><\/p>\n\n\n\n<p>2 September 2019<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The governor of the Central Bank is encouraging the nation&#8217;s savings and loan associations to obtain stand-by loans for construction projects or housing purchases. This money comes from the freeing of funds from cash reserve requirements. Governor Hector Valdez Albizu spoke of RD$36 billion in legal reserves for loans of all sorts at fixed rates &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/dr1.com\/news\/2019\/09\/02\/130583\/\" class=\"more-link\">Read more\u2026<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[154,3],"tags":[],"_links":{"self":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/130583"}],"collection":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/comments?post=130583"}],"version-history":[{"count":3,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/130583\/revisions"}],"predecessor-version":[{"id":130629,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/posts\/130583\/revisions\/130629"}],"wp:attachment":[{"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/media?parent=130583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/categories?post=130583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dr1.com\/news\/wp-json\/wp\/v2\/tags?post=130583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}