The Superintendency of Banks of the Dominican Republic published its quarterly financial system performance report showing that total assets reached DOP 4.28 trillion in March, up 9.2% year on year. The increase was driven by the gross loan portfolio, gross investments, available funds and other assets. Gross lending rose to DOP 2.42 trillion, up DOP 179.225 billion, for nominal growth of 8.0% and real growth of 4.8%, supported mainly by commercial and mortgage lending, which grew 9.4% and 11.4% in nominal terms. Private sector foreign currency lending increased 8.8% to USD 9.204 billion. In the multiple banking segment, weighted average lending and deposit rates closed March at 13.28% and 6.28%. Adjusted technical capital reached DOP 530.308 billion and the system solvency position stood at 18.76%. Net profit totaled DOP 24.092 billion, with return on equity of 17.72% and return on assets of 2.28%. The delinquency ratio was 1.92%, non-performing loans were DOP 46.499 billion, stressed delinquency stood at 7.80%, and the default ratio was 4.8%.