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Banreservas 85th anniversary and financial growth
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2026-10-27 00:35 UTC → 2026-11-05 16:34 UTC ·
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The Banco de Reservas (Banreservas) of the Dominican Republic marked its 85th anniversary by reporting significant financial expansion. As of late September 2026, the bank’s assets reached RD$1.53 trillion, a 13.5% increase over the previous year, with accumulated profits for the first nine months exceeding RD$21,000 million. million, representing a 17.6% increase compared to 2025. Executive President Leonardo Aguilera noted that the institution facilitated the financial inclusion of over 235,000 people and disbursed more than RD$376,000 million through approximately 254,000 loans between August 2025 and September 2026. Specific financing initiatives included Expo Pymes, which exceeded RD$7,200 million, Expohogar with over RD$11,247 million in approved credits, and Expo Móvil 2025, which received requests totaling more than RD$8,500 million. During anniversary celebrations in Santiago, Aguilera highlighted the bank’s regional impact, stating that the credit portfolio in the Northern region exceeds 135 billion pesos, with over 56 billion pesos attributed to Santiago alone. During an anniversary thanksgiving mass in Santiago, Aguilera He projected that the institution will close the year with record-breaking profits, expected to surpass the previous high of RD$27,000 million. This growth is anticipated million, despite a projected tax contribution of approximately RD$7,000 million. Other milestones mentioned during the anniversary period include the transformation In recognition of its performance, Global Finance named Banreservas the Hotel Mercedes into ‘Safest Bank in the Banreservas Cultural Center Dominican Republic of Santiago 2026’, and LatinFinance designated it the establishment ‘Bank of a local office for the Banreservas Volunteer program to support social initiatives throughout the northern region. In October 2026, Year 2026’ in the bank expanded Dominican Republic, citing its social impact through housing finance, granting more than growth, capitalization, and ESG efforts. Social initiatives included providing over RD$200 million for the Paraíso Oriental residential project (Las Acacias II). This initiative, which benefits to benefit 97 families, features a fixed annual interest rate of 8% for seven years. The project is a collaborative effort between Banreservas, and the Ministry transformation of Housing, Habitat and Buildings (MIVHED), and the private sector to address Hotel Mercedes into the national housing deficit. Banreservas Cultural Center of Santiago.
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- 2026-11-05 16:34 UTC Banreservas 85th anniversary and financial growth
- 2026-10-27 00:35 UTC Banreservas 85th anniversary and financial growth
- 2026-10-24 21:41 UTC Banreservas 85th anniversary and financial growth
- 2026-10-23 20:05 UTC Banreservas 85th anniversary and financial growth
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