Dominican Republic financial sector reports major growth in housing, credit, and digital payments

The Dominican Republic's financial sector is seeing significant activity across housing, credit, and digital payments. Pension funds (AFPs) are investing over RD$3,500 million into residential projects, aiming to develop more than 13,000 homes across various regions, including Santo Domingo, Santiago, and Higüey. This initiative seeks to facilitate homeownership for workers through long-term investment structures.

In the banking sector, Banreservas has announced a RD$7,000 million credit quota to support productive sectors such as construction, commerce, agriculture, and manufacturing. The bank reported that it has already disbursed over RD$44,000 million to businesses in 2026, maintaining a low delinquency rate of approximately 0.17% to 0.18%.

Additionally, Banco Popular Dominicano has reported a major milestone in digital transformation. The bank's digital wallet transactions exceeded RD$60,000 million by the end of August 2026, representing a 194% year-on-year increase. The bank currently holds a 34.6% market share in the national digital wallet market, processing 33.1 million transactions.