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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.
Bank name Total assets (2023) (US$ Billion) 1 Itaú Unibanco: 439.50 2 Banco do Brasil: 379.78 3 ... Republic Financial: 16.74 45 BanBajío: 15.92 46 Santander Argentina:
The list excludes the following three banks listed amongst the 100 largest by the Federal Reserve but not the Federal Financial Institutions Examination Council because they are not holding companies: Zions Bancorporation ($87 billion in assets), Cadence Bank ($48 billion in assets) and Bank OZK ($36 billion in assets).
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.
Map of the Dominican Republic. Cities in the Dominican Republic, in accordance with the definition of urban population for purposes of the 2002 census, [1] are the urban centers and seats (cabeceras literally heads) of municipalities (municipios singular municipio), the sec level political and administrative subdivisions of the country, or of municipal districts (distritos municipales) within ...