The Superintendence of Banks of the Dominican Republic published a report on savings trends based on financial system deposits. Deposits exceeded DOP 3 trillion as of June 2025, increasing 10.4% year on year (DOP 285,128 million) and representing 40.8% of Dominican gross domestic product. Deposits from the public accounted for 86.4% of local banks’ liabilities, making them the main funding source for financial intermediation. Time deposits represented 48.1% of deposits despite being 4.3% of instruments and grew 19.8% between June 2024 and June 2025, while savings accounts held a 35.5% share and current accounts 16.2%. Multiple banks held 88.8% of deposits, followed by savings and loan associations (9.2%), savings and credit banks (1.7%) and public financial intermediation entities (0.3%). By currency, 70.4% was in Dominican pesos and 29.6% in foreign currencies, mainly USD 14,906 million and EUR 235 million; the East region recorded the fastest growth at 12.5% year on year, led by La Altagracia at 15.1%.
Superintencencia de Bancos de la Republica Dominicana 2025-11-03
Superintendence of Banks of the Dominican Republic reports financial system deposits surpassed DOP 3 trillion and rose 10.4% year on year in June 2025
The Superintendence of Banks of the Dominican Republic reported that financial system deposits surpassed DOP 3 trillion as of June 2025, marking a 10.4% year-on-year increase and accounting for 40.8% of GDP. Public deposits constituted 86.4% of local banks' liabilities, with time deposits growing 19.8% and representing 48.1% of total deposits. Most deposits were in Dominican pesos, with the East region experiencing the fastest growth at 12.5%, led by La Altagracia at 15.1%.