# Banreservas expansion in Dominican Republic

> Live situation record from CLSTR: https://clstr.news/situations/banreservas-expansion-in-dominican-republic
> Updated: 2026-07-28T17:00:38.000Z. Sources: 12. Developments: 2.

In late July 2026, Banreservas continued its domestic outreach drive. On July 22, the bank opened a new branch inside the Pedro Brand vehicle‑retention center, offering cash services and staff assistance to citizens retrieving seized vehicles. This move was presented as part of an effort to extend convenient banking to more Dominicans, echoing President Luis Abinader’s service‑access goals.

A week later, on July 28, Banreservas partnered with Mastercard to launch the second edition of the Summit Mujer Pymes Banreservas, committing RD$5 billion in financing for women‑led small and medium‑size enterprises at an annual rate of 12.95 %. The initiative raised the bank’s credit portfolio for such firms to RD$32 billion and included free digital training. Both actions illustrate the bank’s broader strategy of expanding its presence and supporting targeted economic groups within the country.

## Claims

- Banreservas announced the availability of RD$5 billion for new financing to women‑led SMEs. (corroborated by 3 sources)
- The financing will be provided at an annual interest rate of 12.95 %. (corroborated by 3 sources)
- The program is part of the second edition of the Summit Mujer Pymes Banreservas. (corroborated by 3 sources)
- Banreservas’ credit portfolio for women‑led SMEs rises to RD$32 billion. (corroborated by 3 sources)
- Mastercard will provide a free digital training platform for women entrepreneurs. (corroborated by 3 sources)
- Leonardo Aguilera is the executive president of Banreservas. (corroborated by 3 sources)
- Ysidro García is senior executive vice‑president of Business at Banreservas and announced the financing. (corroborated by 3 sources)
- President Luis Abinader supports the initiative and its vision for economic wellbeing. (corroborated by 3 sources)

## Timeline

### 2026-07-28: Banreservas earmarks RD$5 billion for women‑led SMEs in Dominican Republic

Banreservas and Mastercard launch the second Summit Mujer Pymes, offering RD$5 billion in loans at 12.95% to women‑led SMEs in the Dominican Republic, raising the bank’s related credit to RD$32 billion.

8 sources. https://clstr.news/cluster/banreservas-earmarks-rd5-billion-for-womenled-smes-in-dominican-republic

### 2026-07-22: Banreservas opens branch at Pedro Brand vehicle retention center

Banreservas opened a branch at the Pedro Brand vehicle retention center in Santo Domingo, offering cash services, ATMs and assistance to help citizens process vehicle‑related payments on‑site, saving time and支持

4 sources. https://clstr.news/cluster/banreservas-opens-branch-at-pedro-brand-vehicle-retention-center

---
Cite as: Banreservas expansion in Dominican Republic. CLSTR, https://clstr.news/situations/banreservas-expansion-in-dominican-republic