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Bank penetration in Dominican Republic [ edit ] The bank penetration is approximately 33.7% and the main banks in DR are Banco Popular Dominicano, Banco de Reservas de la Republica Dominicana, Banco BHD.
The Central Bank of the Dominican Republic (Spanish: Banco Central de la República Dominicana, BCRD) was established by the Monetary and Banking Law of 1947 as the central bank of the Dominican Republic, responsible for regulating the country's monetary and banking system.
The BHD Bank (also known as Banco Múltiple BHD, S.A [2]) is a private financial and mortgage bank in the Dominican Republic, founded by Samuel Conde and a group of entrepreneurs on July 24, 1972. Since then, it has formed numerous partnerships and acquisitions with other financial organizations in the country. [ 3 ]
Banco Popular Dominicano is a Dominican Republic bank providing retail and commercial banking services. [1] The company, which is known popularly in the Dominican Republic as Banco Popular , was chosen in 2021 by Global Finance magazine as the best private bank company in the Dominican Republic.
Location of the Dominican Republic. The Dominican Republic is a sovereign state occupying the eastern five-eighths of the island of Hispaniola, in the Greater Antilles archipelago in the Caribbean region. The country has the ninth-largest economy in Latin America and is the largest economy in the Caribbean and Central American region.
Silver Bank as Bank of Argent in the lower right of an 1873 map of the Bahamas. Silver Bank (Spanish: Banco de la Plata) [1] is a submerged bank in the Atlantic Ocean north of the Dominican Republic and southeast of the territory of Turks and Caicos Islands. It covers an area of 1,680 square kilometres (649 square miles). [2]
The World Bank has sent the Dominican Republic $230 million (2016), $1 million (2017), $150 million (2018), and $180 million in 2019. The loans vary each year depending on existing loans, urgency, and other factors that influence the Project Cycle.
Countries with Dominican Republic diplomatic missions. This is a list of diplomatic missions of the Dominican Republic, excluding honorary consulates. Most of the Dominican Republic's missions are located in the Americas and the Caribbean.