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[BUSINESS] · Dominican Republic · 21 sources

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Banreservas launches Expomóvil 2026 automotive fair

Banco de Reservas has inaugurated Expomóvil Banreservas 2026, an automotive fair running from October 29 to November 1. Executive President Leonardo Aguilera announced special financing conditions, including interest rates starting at 6.85%, which the bank noted is significantly lower than the market average of approximately 13%.

Key benefits for participants include financing for up to 90% of the vehicle's value, payment terms of up to seven years, and the option to begin payments in February 2027. The bank is also offering a 15% cashback incentive for vehicle reservation payments made with participating credit cards at selected dealerships.

The event, themed ‘La Movida’, aims to assist Dominican citizens in purchasing their first vehicle, renewing current ones, or expanding commercial fleets. Additional perks include the ‘Cuota Móvil’ modality and a complimentary ‘Paso Rápido’ kit.

Entities

Banco de Reservas · Banreservas · Dominican Republic · Expomóvil Banreservas 2026 · Leonardo Aguilera · Superintendencia de Bancos

Sources